Fox Business - The Power to Prosper
Search Site

President Hamid Karzai

Afghanistan to Start Exporting Crude-Oil This Year

China's largest oil company is due to start commercial production of crude oil in Afghanistan shortly, heralding a resource boom that could transform the country's economy over the next decade, the country's mining minister said.Extraction of metals and oil could account for 45% of Afghanistan's gross domestic product by 2024, Minister of Mines Wahidullah Shahrani told The Wall Street Journal Wednesday on the margins of an investment and mining conference where he is meeting potential investors.Recent surveys have shown Afghanistan to be endowed with rich unexploited assets, but its security situation could be a sticking point for some investors.Mr. Shahrani's comments follow President Hamid Karzai's accusations this month of U.S. collusion with the Taliban in the war-hit country, at a time when the government is trying to negotiate how many, if any, U.S. and NATO forces will remain after their mandate ends next year.Nearly all of Afghanistan's recoverable mineral resources, estimated ...

Read More

  1. From Israel to Iran: 10 Countries Respond to Obama Victory

    After President Barack Obama's re-election, world leaders expressed hope for stronger cooperation with the United States on issues ranging from the struggle against ...

  2. Factbox: World leaders respond to Obama election victory

    After President Barack Obama's re-election, world leaders expressed hope for stronger cooperation with the United States on issues ranging from the struggle against ...

  3. Exxon yet to inspect Afghanistan's biggest oil project: minister

    Exxon Mobil Corp, the world's biggest non-state oil company, has not yet accepted an offer to look over a new Afghan oil concession in the country's north, possibly ...

  4. Protesters Storm U.S. Embassies in Yemen, Egypt

    Demonstrators attacked the U.S. embassies in Yemen and Egypt on Thursday in protest at a film they consider blasphemous to Islam, and American warships headed to Lib...

  5. Obama’s Afghanistan Stop: Campaign Victory Lap?

    Jonathan Schanzer, Foundation for Defense of Democracies VP of research, and Frank Gaffney, founder and president of the Center for Security Policy, on President Obama’s visit to Afghanistan.

  6. Afghanistan Speech: Candidate or Commander-in-Chief?

    National Review’s Jay Nordlinger, FNC legal analyst Lis Wiehl, Democratic Strategist Hank Shienkopf and FNC political analyst Juan Williams on whether Obama’s speech in Afghanistan was too political.

  7. Rep. Rohrabacher: We Should Not be in Afghanistan

    Rep. Dana Rohrabacher, (R-Calif.), on the need to end the war in Afghanistan.

  8. Afghan Pres. Says He Would Side With Pakistan in Conflict With U.S.

    Former U.S. Ambassador to the U.N. John Bolton on comments by Afghanistan President Hamid Karzai that he would side with Pakistan in any conflict with the U.S.

  9. Foreign Aid Outrage

    FBN’s Stuart Varney sounds off on continued government spending in the Middle East.

  10. Tribeca Rhythm Live on Imus in the Morning

    FBN’s Diane Macedo and Tribeca Rhythm perform Adele’s, ‘Rolling in the Deep.’

  11. How Much Did the U.S. Give Pakistan?

    A number of media reports state that the U.S. gave Pakistan $1.5 billion dollars in aid last year. Other media reports quoting Congressional estimates suggest the U....

  12. Nagging Questions About Afghanistan

    President Obama ’s speech on the Afghan/Pak War, and the annual policy review that accompanied it, paint a fairly upbeat picture of our progress since the surge. We’...

  1. North Korean Actions Cause U.S. to Bolster Missile Defense

    Lt. Col Bill Cowan (Ret.) on the growing nuclear threat from Kim Jung Un.

  2. Afghan President Accuses U.S. of Collusion With Taliban

    Former CIA Operative Michael Scheuer on Afghan President Hamid Karzai ’s accusations against the U.S. government.

  3. Norway PM: May Contribute Forces to Afghanistan after 2014

    If it were asked, Norway would consider keeping troops in Afghanistan even after the security handover in 2014, Norwegian Prime Minister Jens Stoltenberg said Tuesda...

  4. Is Decline of U.S. Troop Levels in Afghanistan a Mistake?

    Former U.S. Ambassador to the U.N. John Bolton on the Administration’s strategy in Afghanistan.

  5. Obama, Karzai Plan to Speed Up Military Moves

    FBN’s Rich Edson on President Obama’s meeting today with Afghanistan President Hamid Karzai on the war’s formal ending in 2014.

  6. State of the States

    FBN's Rich Edson on the National Governor's Association 'State of the States' speech.

  7. Afghanistan beckons India's business leaders to invest

    Afghanistan is "ripe and ready" for Indian investments in mining and other sectors, President Hamid Karzai told business leaders in Mumbai on Saturday at the start o...

‹ Prev123Next ›
Freebase CC-BY
Source: President Hamid Karzai on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL