Afghan Taliban Cuts Oil Deal With China In 1st Big Move

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At a glance

  • Afghanistan’s ruling Taliban signed their first international agreement with a Chinese petroleum company Thursday to extract and develop oil reserves in the country’s north.
  • Senior Taliban officials and China’s ambassador to Kabul, Wang Yu, witnessed the televised signing ceremony in the Afghan capital, marking the first major foreign investment deal in Afghanistan since the Islamist group seized power in August 2021.

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