Everything is for that treasure in the soil ..!
When the US invaded Afghanistan in 2001, the economy was different. Then there was a company called Tesla Inc. The iPhone was not introduced then.
But today they are at the peak of this modern era.
It is made up of high-tech chips, high-capacity batteries and many more. It is packed with rare minerals extracted from the earth.
Rare earth rich in minerals
Afghanistan is a rare land rich in minerals of many known types. It sits on Earth, valued at about $ 1 trillion. The Taliban, which has taken control of almost all parts of Afghanistan, has regained power.
China can help
Afghanistan has been a battleground for 4 decades, including the war with the Soviet Union, the militants, and the United States. It is now back in the hands of the Taliban. Although the rest of the world has backed down from helping financially distressed Afghanistan, there is now speculation that China may help.
China needs
With US troops likely to withdraw from Afghanistan soon, there is hope that China will be able to provide Kabul with what it needs. This is because China needs to improve infrastructure in Afghanistan, create industrial infrastructure opportunities and access $ 1 trillion worth of unused minerals.
Can you do business?
While this could possibly take some more time, what if Joe Biden wants to end the 20-year war and isolate the Taliban-led government? The United States also has the power to prevent companies from doing business in Afghanistan.
Report at the G7 Conference
It is expected that this will depend on how the Taliban treat women and minorities in the country, the security, and the way the Taliban provide a safe way for people who want to leave Afghanistan. To prove this, a statement was released today at the end of the G7 summit on women’s freedom and security.
Can this be used?
The Bank of Afghanistan, the central bank of Afghanistan, has managed assets worth about $ 9 billion. Of this, $ 7 billion is in cash, gold, securities and other investments with the US Federal Reserve. This has created an environment in which the Taliban cannot currently use it.
No help available?
The International Monetary Fund, meanwhile, recently agreed to provide $ 650 million to Afghanistan. But this is also questionable now that the Taliban have taken over. As a whole, Afghanistan does not currently receive any assistance. So China is in a position to seize this opportunity.
Ready to invest
Because today the Taliban are in a position to become a support anyway. Thus the Taliban are expected to accept China. China is going to be the investor in Afghanistan. It is expected to help China extract $ 1 trillion worth of minerals.
The main need for China
China, which today plays a key role in the production of electrical appliances, needs minerals from Afghanistan. The demand for this expertise has increased significantly as a result of recent enterprise scandals. So China’s mark is on minerals in Afghanistan, which is slowly beginning to lend its support to Afghanistan. It is also rumored to be in competition with the United States’ leading companies, Apple and Tesla. Overall looking at the time China has started to move the coyote.