Wavering Investors, Legal Uncertainty Threaten Afghan Mining Sector’s Potential

The Afghan government and its international supporters have long viewed the estimated $1 trillion to $3 trillion worth of natural resources thought to lie beneath Afghanistan’s rugged landscape as being among the country’s best prospects for economic independence. But hopes of developing Afghanistan’s extravagant array of natural resources—including world class deposits of iron, gold, copper, lithium and lucrative rare earth metals—are in serious jeopardy. Wavering international investors, Afghanistan’s unresolved and contested new draft law concerning resource extraction and the political uncertainty associated with next year’s presidential elections and substantial NATO drawdown risk dashing efforts to transform Afghanistan into an economically […]

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