Afghanistan offers raisins in exchange for Russian oil.

According to RIA Novosti, Kabul wants to start barter trade with Moscow.



Afghanistan wants to import Russian crude oil and goods in exchange for minerals, as well as raisins and medicinal herbs, said Nuriddin Azizi, Minister of Industry and Trade, on Friday.


"We can provide some of our minerals in exchange for Russian imports, including products and energy resources," Nuriddin said, adding, "We also have dried fruits, raisins, and medicinal herbs."


According to the minister, Afghanistan has historically supplied large quantities of raisins to Russia. "We can supply hundreds of tonnes of such products." Prices for medicinal herbs, for example, have recently skyrocketed, even though Russia requires such raw materials for medicine. We can also use them in barter trade. We can supply raw materials to Russian factories.


Nuriddin stated earlier this week that Kabul wants to buy a million barrels of Russian crude or more, adding that the government would "like to consider the option of barter trade."


Afghanistan's offer is most likely due to the country's lack of hard currency. Following the Taliban takeover in August 2021, the United States froze $7 billion in Afghan Central Bank foreign exchange reserves held at the Federal Reserve Bank of New York. Another $2 billion has been frozen by the United Kingdom, Germany, the United Arab Emirates, and other countries.


In May, Afghan Charge d'Affaires in Russia Jamal Nasir Garwal discussed plans to negotiate the supply of Russian hydrocarbons with Moscow. The diplomat emphasized that the country wishes to expand economic cooperation with


#businessnews #businessworld #latestbusinessnews #worldbusinessnews


Read more about Late Real Estast Business News , Entertainment, Latest Social News , Current Politics News , Latestte Update , Today Finance News , Today Sports News