English | دری

Afghanistan to set up gemstone bourse

in Afghan Business

Afghanistan to set up gemstone bourse

Afghan government would set up a bourse in Kabul by mid-2016 as a single source for Lapis Lazulli, said Afghan Minister of Mines and Petroleum, Dr. Daud Shah Saba.

In his interview with Reuters, Minister Saba said halting smuggling of Afghanistan’s gemstones would be tough, but Lapis Lazulli could be controlled.

Afghanistan’s lapis is unique. “We have the monopoly on that type of lapis. That stone has a signature,” Saba said in an interview on the sidelines of a mining conference in Melbourne earlier this week.

Minister Saba added that the bourse would help distinguish between the real and fake lapis. Afghanistan’s lapis would come with a government certificate.

“And then any other lapis with no certificate should be banned by the international community, as they have done with blood diamonds,” Saba said.
Afghanistan loses roughly $100 million a year through gemstone smuggling, more than the total exports of commodities like coal and industrial minerals like talc.


Tags assigned to this article:
Afghanistan gemstoneAfghanistan lapis lazulli

Related Articles

Afghan women’s income improves with increase in saffron yield

Women in northern Jawzjan province have witnessed a considerable increase in their income with three-fold increase in saffron yield. According

Around 14,000 communities in Panjshir benefit from welfare projects

The National Solidarity Program (NSP) of the Ministry of Rural Rehabilitation and Development (MRRD) completed 62 development projects in Bazarak,

Emirates to launch flight services in Afghanistan within four months

Emirates Airlines has expressed interest to launch flight services in Afghanistan within four months, said Afghan Ministry of Foreign Affairs

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*