KABUL: A delegation of the Taliban-led Afghan government currently  in Tehran has inked a contract with Iran to import 350,000 tonnes of oil, as per  Afgan media reports.

The mission includes leaders from the Ministries of Finance, Foreign Affairs, Commerce and Industry, Central Bank, and Afghanistan National Standards Authority, as per TOLO report.

According to a contract that was signed on Saturday, more than 300,000 to 350,000 tonnes of oil will be imported at a fair price, saido Abdul Ghafor, head of the Afghanistan Oil and Gas Corporation.

As per the statement from the Afghan Ministry of Finance, the decision to sign the agreement was made to control and cut the price of fuel products in the country's war-torn territory, Khaama Press reported.

Along with the agreement, the two parties discussed quality, pricing, transit, and facilities for traders. They also decided to form a joint committee to complete the gas pipeline and build joint refineries.

The Afghanistan Oil and Gas Corporation has also declared that it will enter into similar deals to import oil from Russia and Turkmenistan.  Oil is imported into Afghanistan from Iran and Central Asian countries.

"In recent days, when the price of oil was high and the world was experiencing a shortage of oil, our traders imported all necessary oil to the country to meet the demands of the citizens in the markets." said  Khairuddin Mayal, deputy head of the Afghanistan Chamber of Commerce and Investment.

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