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Afghanistan, as a result of its geo-strategic location, is not only an important connection point for the development of political, economic and cultural relations; but also holds special importance in the area due to its extraordinarily rich natural resources. Exploration and geological studies of only ten percent of the territory have discovered abundant deposits of copper, iron, zinc, lead, chromate, nickel, gold, silver, platinum, palladium, precious and semi-precious metal, lapis-lazuli, emerald, ruby, kunzite, onyx, talc, berate, fluoride, salt, marble, coal, hydrocarbons and many industrial minerals. Provided that these geological studies are extended to cover the entire country, it is a virtual certainty that they will reveal our country’s natural resource riches are far beyond those known to us today.
Yet, despite Afghanistan’s wealth of natural resources and critical geographic location, it still has not developed, and remains one of the poorest countries of the world. We must admit the problem has its main roots in the previous economic systems of the country.
Now that Afghanistan has chosen to promote open markets, as endorsed in our constitution, the attraction of private sector investments, specifically in the mining sector, is expected to produce great progress in the near future.
The Ministry of Mines, therefore, in accordance with the constitution of the country, is seeking to accelerate economic development through attracting and inviting private sector investments in natural resources, and make possible a better life for its people.
To facilitate a suitable environment for investments in the mining sector, the Ministry of Mines has developed the Minerals and Hydrocarbons Laws based on international best practices and experiences from other developed countries, which laws been approved by the Council of Ministers. Thus for the first time in the history of the country, the private sector has been given the opportunity to participate and invest in the mining sector.
Considering the role and importance of the media in public awareness, and recognizing the need to expand and improve information sharing through application of new technologies, the Ministry of Mines launches its website in order to enhance its connection to the world, as well as publish updates on goals and activities of the ministry. |