Pakistan's natural resources range from natural gas reserves, vast land, coal, petroleum, copper, salt and iron ore among others. It has the second largest salt mines in the world, as well as world’s fifth largest gold mines. It is one of the largest producers of wheat in the world and is the seventh country in the world with nuclear power.Know More
Just like other developing economies, Pakistan pegs economic development on natural resources.
According to Pakistan Insider, Pakistan’s primary industries include (but are not limited to) textiles, pharmaceuticals, rice, cotton and sugarcane. The country exports textiles, sports goods, rice, rugs and chemicals just to mention a few.
In terms of natural resources, Pakistan is one of the richest countries in the world but also one of the poorest countries in terms of resource management, states World Times magazine. The country’s resources have not been properly managed partly due to corruption and other vices. Instability, political rivalry and ineffective law and order have also played a hand in poor management of resources in Pakistan. Despite its economic potential, Pakistan still relies heavily on foreign aid and debts to finance development. On the same note, the country faces serious trade deficit, water shortages and prevalent energy crises.Learn more about Geography
According to Fanack, Saudi Arabia has the largest natural resource deposits in the Middle East, with oil and gas being the most important. According to 2008 estimates, the Kingdom has over 267 billion barrels of recoverable oil reserves, which will last for several decades at the current oil-extraction rates of between 9 and 10 million barrels daily. Other mineral resources include: gold, copper, silver, zinc and iron.Full Answer >
The Middle East is composed of several countries including Israel, Cyprus, Bahrain, Egypt, Iraq, Iran, Kuwait, Jordan, Oman, Lebanon, Saudi Arabia, United Arab Emirates, Qatar, Syria and Yemen. Collectively, these countries have a wealth of natural resources. Apart from having half of the world’s oil reserves, countries such as Israel, Oman, Qatar, Bahrain, United Arab Emirates, Yemen and Iran have natural gas reserves.Full Answer >
England's vast geological natural resources include coal, petroleum, natural gas, iron ore, lead, zinc, gold, tin, limestone, salt, clay, chalk, gypsum, potash, silica sand and slate. Agricultural resources in England include sheep, wheat, barley and arable land.Full Answer >
Some of Venezuela's natural resources include petroleum, natural gas, gold, bauxite, iron ore, diamonds and hydroelectric power. Petroleum, as well as other petroleum-derived commodities, account for around 95 percent of the country's total export revenues, with the combined oil and gas industries contributing an estimated 25 percent to Venezuela's Gross Domestic Product.Full Answer >