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Exclusive-Taliban in talks with Russia, China for trade transactions in local currencies

Investing.comFriday, May 23, 2025 at 8:15:40 AM
Exclusive-Taliban in talks with Russia, China for trade transactions in local currencies
The Taliban is reportedly in discussions with Russia and China to conduct trade using local currencies instead of the US dollar. This move could help Afghanistan’s new rulers sidestep Western sanctions and strengthen economic ties with two major regional powers.
Editor’s Note: If this deal goes through, it’s a big deal—not just for Afghanistan but for global trade dynamics. The US dollar has long been the default for international transactions, but more countries (especially those at odds with the West) are looking for alternatives. For the Taliban, this could mean easier access to goods and financial stability despite sanctions. For Russia and China, it’s another step in challenging Western economic dominance. Keep an eye on whether this actually happens—it could signal a shift in how trade gets done in contested regions.
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