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Showing posts with label The Diplomat. Show all posts
Showing posts with label The Diplomat. Show all posts

Thursday, August 19, 2021

What's Going To Happen To Afghanistan's Vast Untapped Mineral Wealth?

Nothing really. Insecurity, political instability, weak institutions, inadequate infrastructure, widespread corruption, and difficult business environment will make any private investor or country think thrice before setting foot in Afghanistan. The experts believe Afghanistan is sitting on mineral deposits worth nearly US$1-3 trillion dollars that could dramatically transform its economic prospects. Really? Please review history books for a quick reference. It may take years or never to safely mine the deposits and make money at the same time without losing life or money. Time will tell who will be the lucky country or company that will become rich by doing business in Afghanistan. Stay tuned.


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