News in Brief
Iran keen on investing in Afghanistan’s mining sector: Kabul
The Ministry of Mines and Petroleum of the caretaker government of Afghanistan has announced that Iranian investors are interested in investing and operating in the mining sector of metals and oil and gas in the neighboring country.
In a statement, officials of Afghanistan’s Ministry of Mines and Petroleum said that Deputy Minister Zia ur-Rahman Aruobi met with Iran’s deputy ambassador to Kabul, university professors and a number of Iranian investors in the Afghan capital, IRNA reported. vThe Iranian and Afghan delegations held talks on investment in Afghanistan’s mining sector, they said.
According to the statement, Iranian investors provided explanations about the activities of their companies and expressed interest in investing in metals mining as well as oil and gas sectors in Afghanistan.
The Afghan deputy minister also welcomed the willingness of Iranian businessmen to invest in Afghanistan’s mining sector, stating that the ministry will not spare any effort and cooperation with Iranian investors.
Economic Council okays NIOC plan to boost crude output
The Economic Council of Iran approved a plan proposed by the National Iranian Oil Company (NIOC) to boost oil production in 34 oil fields.
The plan is slated to raise Iran’s daily oil production swiftly by 250,000 barrels, as reported by Oil Ministry’s press service Shana.
Speaking at a meeting of the council on Monday, First Vice-President Mohammadreza Aref highlighted the important role and performance of the Economic Council in the framework of the decision-making processes in the country.
He said the council was in charge of coordinating decisions made by different ministries and other governmental bodies amid planning and directing financial resources toward the country’s largest developmental and infrastructural projects.
“Regarding the role and performance of the Economic Council and prompting its status, it is necessary to avoid creating parallel councils and committees, so that the government will be able to realize the president’s announced strategies, promises, and programs as soon as possible,” the first vice-president said.