Taliban, China Discuss Banking Cooperation

The Taliban’s governor of the Afghan central bank, Hidayatullah Badri, has revealed that the Taliban and China are in discussions regarding banking cooperation.

(Photo Credit: India Today)

The Taliban’s governor of the Afghan central bank Hidayatullah Badri met with Chinese envoy Wang Yu this week to discuss banking ties and business, the bank’s spokesperson informed Reuters on 16 June.

“In this meeting, economy, banking relations, business and some related topics were discussed,” said Badri.

Although Beijing does not have formal diplomatic ties with the Taliban government, China is among the few countries that have maintained a diplomatic presence in Kabul since the Taliban took back the country following the US’ disastrous withdrawal in 2021.

Following the withdrawal, Taliban spokesman Zabihullah Mujahid told Italian news outlet La Repubblica that China would be its principal partner in rebuilding Afghanistan after a 20-year US occupation.

China is also interested in bringing the West Asian nation to join Beijing’s Belt and Road Initiative (BRI).

RT reported that Russian President Vladimir Putin, during his speech at the St. Petersburg International Economic Forum, discussed plans to seize ‘naughty’ Western companies.

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