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Reuters
Reuters
Business
Mohammad Yunus Yawar

Afghanistan's Taliban step up coal exports to boost local budget

FILE PHOTO: A labourer unloads coal from a truck at a coal dump site on the outskirts of Kabul, Afghanistan March 7, 2017. REUTERS/Mohammad Ismail

The Afghan Taliban are stepping up coal exports to Pakistan and have raised duties on sales, officials said, as the group aims to generate more revenue from its mining sector in the absence of direct foreign funding.

The move comes with global coal prices near record highs after top exporter Indonesia imposed a shock ban on exports earlier in 2022 and then Russia invaded Ukraine, pushing prices up further.

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