Editor in Chief: Moh. Reza Huwaida Friday, May 3rd, 2024

Mineral Deposit: Afghans Big Hope

Agriculture sector is what Afghan economy has been highly dependent on. Nonetheless, at least in the post-Taliban Afghanistan this sector has had no significant development. Let alone self-sufficiency, major portion of our food needs are fulfilled by imports from various countries of the world. This has made Afghanistan a highly consuming country while the local production has been very low. The condition of industrial sector is also the same. Except some factories producing beverages, Afghanistan has no major products. While on the agriculture side, Afghanistan has only one major export which is the dry fruits.

Reasons are quite clear. Government's lack of willingness to resolve issues facing farmers and factory owners still persists. There have been no efforts aimed at boosting industrial or agricultural sector through strategic short, medium or long term planning.

At times when the economic stability of Afghanistan highly dependent on aids from international community, experts maintain and emphasize that, one sector that can change the fate of Afghanistan's economy is the untapped mineral resources of this country. Studies have estimated the worth of Afghan minerals in several trillions of dollars.

This has changed the traditional view of Afghan economy which was majorly related to agriculture. The Afghanistan mineral resources are deemed to change this country's status from 'very poor' to 'rich.' This is conceived that, the mining sector will create job opportunities more than the real needs of Afghanistan. Although insecurity is considered the biggest obstacle for extraction of Afghan minerals, efforts are underway for extracting deposits located in comparatively secure provinces of Afghanistan like Bamiyan.

Insecure and troubled highways and absence of rail routes form another part of challenge facing the extraction of mineral resources of Afghanistan. Apart from the security concerns that keep away investors from the mining sector of Afghanistan, unprofessional extraction of minerals and their smuggling to other countries have been a great national loss. Reportedly, the Afghan government is losing of millions of dollars each year because of not being able to prevent illegal transfer of precious stones to our neighboring countries.

Afghanistan's mineral resources are the future of hope for Afghanistan and can bring this country out of the severe economic troubles it is facing today. Therefore, not only strict security should be considered to these resources but also they should be extracted in a proper, transparent and effective way.