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At the recently concluded Afghanistan-Hunan Minerals Promotion Expo in Changsha, Hunan Province, Afghanistan’s Deputy Minister of Mines and Petroleum Mowlvi Hussam Uddin Sabiri said cooperation between Afghanistan and China could boost the economic development of both countries.
Delivering a keynote speech, he highlighted Afghanistan’s rich mineral resources, highlighting the significant potential for mutually beneficial partnerships in the mining sector.
Highlighting the growing economic and industrial ties between Afghanistan and China, the event attracted more than 20 Afghan delegates, including senior government officials, leading mine owners and mining sector representatives, in addition to Chinese participants from across the country.
A key outcome of the expo was the signing of a Memorandum of Understanding between the two countries, marking a formal commitment to explore new opportunities for joint ventures and investments.
Mansour Ahmandzai, director of the Afghan Association of Industries and Mining, represented Afghanistan in this landmark agreement and expressed his enthusiasm for future Sino-Afghan cooperation, saying the expo opens a new chapter for such cooperation.
In an interview, he highlighted Afghanistan’s abundant reserves of valuable minerals, including copper, lithium, gold and rare earths, much of which remains untapped due to decades of internal conflict.
Noting that recent stability in Afghanistan has created a favorable environment for foreign investment, he called China an ideal partner given its expertise and need for natural resources.
The director encouraged foreign investors to partner with local Afghan companies, suggesting joint ventures as an effective model to leverage local knowledge and international technology.
He described the fair as a testament to Afghanistan’s potential to become a major supplier of minerals to the global market.
The event generated great interest, with discussions pointing to potential investments of almost $1 billion.
As the expo ended, the director extended an open invitation to global investors to participate in Afghanistan’s economic reconstruction, reaffirming his willingness to build long-term, mutually beneficial partnerships.
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