Bank JP Morgan chase for Afghan gold

U.S. bank JP Morgan invests millions of dollars into the geological exploration of gold deposits in Afghanistan, with support from U.S. authorities. It is reported on Friday, May 13, Herald, with reference to CNN. Responsible for the project, an idea that first appeared in 2010, has been appointed executive director of JP Morgan Capital Markets Ian Hannam. "Hannam, who is in a developing country with its iPad and enigmatic smile, symbolizes the softer side of western powers. It is not necessary for people with no arms and showered their threats. But there is no doubt that he is a businessman: one to call the mountain will be destroyed, the villages are electrified, the school built, but they earn their money "- writes reports CNN, visited the gold mines being developed by the Americans. According to the Pentagon, the total reserves of minerals of Afghanistan, which also targeted "experiencing a shortage of natural resources" countries - China and India, cost approximately $ 1 trillion. As the newspaper notes, the success of JP Morgan in Afghanistan is of strategic importance to the U.S. administration. On the example of the bank, the U.S. authorities want to show businesses that the country is safe and profitable for foreign investors. "However, Hannam - not the usual investment banker," writes CNN. - "He is a former military man, who already has experience of building a business in the troubled region. The same experience has almost half the team Hannam operating in Afghanistan. " According to a recent survey by the U.S. Geological Survey, mineral resources of Afghanistan are rich deposits of copper, iron, lithium, gold and silver. "Now is the time to venture capitalists are beginning to develop Afghanistan," - writes CNN. According to JP Morgan, the bank does not invest in the project is not a single cent. According to Hannam, the development of mine invested funds from different countries. To date, investment in the project reach $ 40 million in local partner, JP Morgan became a businessman Sadat Naderi, which owns gold mines, located near Kabul. "The sooner we rise up on its feet, the better for us, the Afghans" - said Naderi. "You can not always be a nation, begging for alms."