Afghan Mines Minister Shahrani at conference on “Afghanistan, a country rich in raw materials: prospects for German industry” at the Federal Foreign Office
The Afghan Minister of Mines, Economic and Infrastructure Development, Wahidullah Shahrani called for investments in Afghanistan's raw materials sector at a round table with representatives of German business held at the Federal Foreign Office today (20 June). Ambassador Michael Steiner, the Federal Government’s Special Representative for Afghanistan and Pakistan issued the following statement today (20 June):
“I welcome the Afghan Government’s efforts to encourage German business to invest in Afghanistan’s enormous potential as a country rich in raw materials. International investments can help in the long term to develop the Afghan economy, to create jobs and to tackle poverty. It’s crucial that the Afghan side now creates the necessary framework for this.”
The exploitation of raw material deposits is part of the Afghan Government’s strategy to gain greater economic and financial independence. Afghanistan’s aim is to develop a dynamic raw materials sector which can make a major contribution towards stabilizing the Afghan economy. The creation of jobs and income for the Afghan people is of great significance here.
Afghanistan has modernized its mining laws and adapted them to international standards with German support. It has been granted candidate status within the scope of the Extractive Industries Transparency Initiative.