Afghanistan's Taliban-led administration has set up a consortium of companies, including some in Russia, Iran and Pakistan, to create an investment plan focusing on power, mining and infrastructure, the acting Commerce Minister said on Wednesday, Reuters reports. The consortium included 14 Afghan businessmen and his Ministry had signed a Memorandum of Understanding with the foreign companies who would send delegates to Kabul to look into projects worth up to $1 billion, Nooruddin Azizi told Reuters. Afghanistan's economy has been severely hampered since the Taliban took over in 2021, sparking the international community to cut most development funding and enforce sanctions on the banking sector. A series of attacks waged by Daesh against foreign targets has also worried some investors. READ: September […] Source
Taliban sets up investment consortium with firms from Russia, Iran
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