Afghanistan wants Iranian firms to start mining activities: Deputy Minister – business news

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“We have had positive discussions about mining cooperation and addressing possible obstacles arising from government regulations and decisions in Afghanistan. We also had good negotiations on the capacities of Tehran-Kabul mining cooperation,” Mohtashampour said after meeting Afghan officials in Kabul.

During the visit to Afghanistan, the Iranian official held separate talks with the Afghan Mines and Petroleum Minister and his deputies, as well as with members of Afghan mining companies, Shata News Agency reported.

Expanding the activities of Iranian mining companies in Afghanistan is high on the agenda of the talks, Mohtashampour noted.

“Afghan authorities are very excited to see Iranian mining companies start operations in Afghanistan,” the Iranian official said, adding that further expert-level negotiations and on-site visits by an Iranian delegation are planned for next week.

Development of large-scale mines in Afghanistan is in the early stages and there is a need to provide the necessary infrastructure and facilities, Iran‘s Deputy Minister of Commerce reiterated.

“Iran is firmly committed to exploring and deploying the capabilities in the extraterritorial mining sector… Iranian companies are concerned about the issue of security guarantee in Afghanistan,” he concluded.

Iran has already announced that it will be able to use its mining experience and expertise in Afghanistan.

Back in March, Iran’s Industry, Mines and Trade Minister Reza Fatemi-Amin said he had held talks with the Taliban government to help exploit iron ore mines in Afghanistan.

“Afghanistan is rich in natural resources. In Afghanistan lies a huge deposit of an Iranian iron ore mine called Sangan, located in Khaf. Thanks to its facilities and high-tech know-how, Iran can help mine iron ore in Afghanistan. This will be beneficial for both sides. We are following negotiations with the Afghan party to progressively build processing capacity in Afghanistan. We can trade Iranian goods for the ore we mine in Afghanistan,” noted Reza Fatemi-Amin.

Located at the crossroads of Central and South Asia, Afghanistan has nearly $1 trillion worth of mineral deposits, including critical industrial metals such as lithium.

Iran sees Afghanistan’s development as a boon for itself. The constant principle for Iran has been the development of its neighbor, regardless of who governs the country, because underdevelopment and insecurity in Afghanistan also affect Iran.

Iran is Afghanistan’s largest trading partner, accounting for almost a third of its total trade volume. However, transactions will fall short of the $2.7 billion target set for this year.

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