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Nearly 1 billion AFN invested in mines so far this year: officials

They stated that efforts are underway to attract large investments in the mining sector.

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Officials from the Ministry of Mines and Petroleum (MoMP) say nearly one billion AFN have been invested in small and large mines since the beginning of the 1403 solar year.

The ministry officials said that since then, they have signed small and large contracts, the volume of which reaches one billion AFN.

The officials added that all mining contracts have been signed with domestic companies.

They stated that efforts are underway to attract large investments in the mining sector.

“On a small scale, the total value of all these investments is 500 million AFN. Similarly, the Ministry of Mines and Petroleum has two large-scale contracts this year, one of which is the Jagdalak ruby mine in Kabul and the barite mine in Herat province where the mining contract for this mine had also been signed with a domestic company,” said Homayoun Afghan, the spokesperson for the Ministry of Mines and Petroleum.

Officials from the Afghanistan Chamber of Commerce and Investment (ACCI) have stated that there is a good opportunity to invest in the mining sector and interest in investing has increased.

“Especially in the mining sector, there are many developments and the work is good. The mine goes abroad a lot. From 2 billion exports, most of them are minerals, which are not rare, but semi-precious minerals,” said Khanjan Alkozi, a member of the ACCI.

“But in general, foreign and domestic traders are interested in investing in agriculture, production, mines and processing,” he added.

Meanwhile, economic analysts believe that if the Islamic Emirate creates more facilities for private investors, domestic and foreign investments will expand in the country, and along with the increase in government income, employment opportunities will be provided for thousands of citizens.

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Investing in Afghanistan mines can be profitable for Iranian industry: Qiafeh

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Turkish ministers to visit Pakistan amid fragile truce with Afghanistan: Erdogan

The visit aims to help secure a lasting truce and promote peace between Islamabad and Kabul.

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A high-level Turkish delegation comprising the foreign and defense ministers as well as the intelligence chief will travel to Pakistan this week to discuss ongoing efforts toward a ceasefire between Pakistan and Afghanistan, President Recep Tayyip Erdogan announced on Sunday.

According to an official readout of Erdogan’s remarks made aboard his return flight from Baku — where he met with Pakistani Prime Minister Shehbaz Sharif — the visit aims to help secure a lasting truce and promote peace between Islamabad and Kabul.

Erdogan said Türkiye is “closely following the terrorist attacks in Pakistan and the tensions between Pakistan and Afghanistan,” expressing hope that the talks mediated by Ankara would lead to “lasting stability” in the region.

He added that Türkiye and Pakistan are also seeking to deepen cooperation in multiple sectors, particularly trade, energy, and defense industries.

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Afghan and Iranian foreign ministers discuss regional issues in phone call

Muttaqi also noted that during the third round of discussions, the Pakistani side had been unwilling to take responsibility for certain issues, which hindered progress and prevented concrete outcomes.

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The Minister of Foreign Affairs of the Islamic Emirate of Afghanistan, Amir Khan Muttaqi, held a telephone conversation on Sunday with his Iranian counterpart, Seyed Abbas Araghchi, focusing on bilateral relations and key regional developments.

According to a statement from Afghanistan’s Ministry of Foreign Affairs, the two ministers exchanged views on the recent Afghanistan-Pakistan talks in Istanbul, as well as broader efforts to strengthen cooperation and stability in the region.

Araghchi underscored the importance of resolving differences between Kabul and Islamabad through diplomatic dialogue and reiterated Iran’s readiness to assist in facilitating constructive engagement between the two neighboring countries.

In turn, Muttaqi said that the Afghan delegation had taken part in the Istanbul talks under the guidance of the Islamic Emirate’s leadership, with a focus on achieving a peaceful and negotiated settlement to ongoing tensions. He emphasized that Afghanistan remains committed to resolving disputes through diplomacy and mutual understanding.

Muttaqi also noted that during the third round of discussions, the Pakistani side had been unwilling to take responsibility for certain issues, which hindered progress and prevented concrete outcomes.

The conversation highlighted both countries’ shared interest in promoting regional stability and expanding cooperation across political and economic fronts.

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Erdogan meets Sharif, urges Pakistan, Afghanistan to uphold ceasefire

During a meeting with Pakistani Prime Minister Shehbaz Sharif in Baku on Saturday, Erdogan said Türkiye is “closely following the terrorist attacks in Pakistan and the tensions between Pakistan and Afghanistan.”

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Turkish President Recep Tayyip Erdogan has emphasized the need to maintain the ceasefire between Pakistan and Afghanistan, according to a statement from Türkiye’s Communications Directorate.

During a meeting with Pakistani Prime Minister Shehbaz Sharif in Baku on Saturday, Erdogan said Türkiye is “closely following the terrorist attacks in Pakistan and the tensions between Pakistan and Afghanistan.”

He expressed hope that the talks being held under Türkiye’s mediation would lead to lasting stability in the region and affirmed Ankara’s continued support for the process.

Erdogan noted that Türkiye and Pakistan are deepening cooperation across various sectors, including trade, energy, and defense. He also stressed the importance of sustaining the ceasefire in Gaza and called for ongoing engagement through the United Nations framework.

Both leaders were in Baku to attend Azerbaijan’s Victory Day ceremony on November 8, where they observed a military parade marking the occasion.

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