Taliban sign deal for Russian oil products, gas and wheat

Taliban sign deal for Russian oil products, gas and wheat The Taliban have signed a provisional deal with Russia to supply gasoline, diesel, gas and wheat to Afghanistan, Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi said.
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September 28, 2022 12:02
Taliban sign deal for Russian oil products, gas and wheat

The Taliban have signed a provisional deal with Russia to supply gasoline, diesel, gas and wheat to Afghanistan, Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi said.

Report informs, citing Reuters, that, according to Azizi, his ministry was working to diversify its trading partners and that Russia had offered the Taliban administration a discount to average global commodity prices.

The move, the first known major international economic deal struck by the Taliban since they returned to power more than a year ago, could help to ease the Islamist movement's isolation that has effectively cut it off from the global banking system.

Azizi said the deal would involve Russia supplying around one million tonnes of gasoline, one million tonnes of diesel, 500,000 tonnes of liquefied petroleum gas (LPG) and two million tonnes of wheat annually.

The agreement would run for an unspecified trial period, after which both sides were expected to sign a longer term deal if they were content with the arrangement.

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