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Pakistan sends delegation to Afghanistan for coal deal

AT

Kabul:

The business community said that a delegation from Pakistan is expected to visit Kabul Sunday to discuss the import of coal with Afghan officials.

Due to the rise in coal prices on international markets, the Afghan Ministry of Finance earlier has increased the price of coal from $90 per ton to $200 per ton, and with increased new tariffs; importers will need to pay $280.

Figures by the Afghanistan Chamber of Commerce and Investment show that at least 10,000 tons of coal is sent to Pakistan daily. 

The sectorial team from Afghanistan is in talks with the sectorial team of Pakistan. We will focus is that trading will not be done in Pakistani rupees; it should be either Afghani and Pakistani rupees or the dollar, quoted Nooruddin Azizi, the acting minister of industry and commerce.

Ministry of Mines and Petroleum says that Afghanistan has at least 80 coal mines and only 17 of them are under extraction.

Pakistan mainly imported coal from South Africa. South African coal prices have been rising in recent weeks due to higher demand from Europe.

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