Tanzania is pro-active regarding its mineral resouThe Sub Sahara Aftican countries have been hit hard by the world financial crisis. In Tanzania, its tourist industry has imploded. In April G-20 countires pledged help. But Tanzania appears to be active in ensuring development of its mineral resources, a source of new employment.
"Special Report: Global Financial Crisis
by Xinhua Writers Gu Zhenqiu, Chen Gang
WASHINGTON, April 25 (Xinhua) -- African countries are mostly victims of the worst economic downturn since the Great Depression in the 1930s, and the developed countries, which are responsible for the current global financial crisis, should take necessary steps to make the crisis duration as short as possible, several African finance ministers said here on Saturday.
The ministers from Cote d'Ivoire, Tanzania and Zambia made the appeals at a joint press conference here, held on the sidelines of the two-day spring sessions of the World Bank and the International Monetary Fund (IMF).
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"The annual spring sessions of the World Bank and the IMF is the first world gathering on the global financial crisis since the G20 leaders pledged in early April in London to boost support for the World Bank, the IMF and other international organizations by 1.1 trillion U.S. dollars.
The Tanzanian minister said that G20 leaders should honor their pledge at their London summit. At the same time, he rebuked the statement that African countries rely too much on the external assistance from such international organizations as the World Bank and the IMF.
"It's not true that we are raising our hands, and it's not true that we are bending our arms to them," he said.
"For Tanzania, we are talking as partners," he said, referring to his meeting with the IMF chief and adding that he, on behalf of the Tanzanian government, thanked the World Bank, the IMF and G20, which groups 20 largest economies in the world, for what they are going to do in assisting his and other African countries.
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" In order to stimulate the economy, "we have signed mining contracts with different companies," the Tanzanian finance minister said, citing the contracts his government signed with two companies from Canada and one from Australia.
"We're continuing negotiations for that, so the people of Tanzania can benefit from our natural resources," he added.
"Steps have been taken to boost the performance of non-traditional exports on the international market as a way of raising money for the country," the minister said."
https://news.xinhuanet.com/english/2009-04/26/content_11257801.htm
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Sounds like a friendly environment for a prompt mining license.