A Chinese company has signed an oil extraction deal with Afghanistan’s Taliban

Posted on AllSides January 9th, 2023
From The Left
Ahmad Sahel Arman/AFP/Getty Images

The ruling Taliban has signed a deal with a Chinese company to extract oil from northern Afghanistan’s Amu Darya basin as the radical Islamist group attempts to bolster the South Asian nation’s increasingly impoverished and isolated economy.

The agreement with China’s Xinjiang Central Asia Petroleum and Gas Co is the first major international energy extraction deal the Taliban has signed since taking control of Afghanistan in 2021.

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