Afghanistan pins hopes on natural resources
Posted: April 4, 2013 | Author: nohalal | Filed under: News, Video | Tags: $1 trillion, Afghanistan, Aid and Development, Asia, China Metallurgical Group Corporation, Iron ore, Natural resource, United States | Comments Off on Afghanistan pins hopes on natural resources01/Feb/2013
Source: Al Jazeera (Jennifer Glasse reports from Kabul province)
Country is estimated to have deposits of various elements, mostly copper, worth $1 trillion.
Afghanistan’s finance minister says the economy will easily survive the departure of international forces next year. His optimism is based on reports that the country has huge reserves of natural resources – mostly copper.
The US estimates that Afghanistan could be sitting on deposits worth $1 trillion. That includes gold, iron ore, uranium and precious stones, including emeralds.
But for now, agriculture remains Afghanistan’s biggest export earner with fruit and nuts, tobacco and wool topping the list.