Quote from: dothebeats on Today at 12:25:03 PM

Quote from: fauzan Ichsan on Today at 05:51:35 AM

Quote from: dothebeats on August 01, 2023, 10:39:13 AM

I couldn't agree more. Same goes for my country. Despite being rich of these resources we often export them to be used by other countries for their product and then will be imported back here and be sold with a high rate. Once you asked why it is expensive they will tell you that it is because of the rare products used to make it, then you'll realized the said products is locally found and there are a lot of them. Typical import and export system.

this is where the role of human resources must be corrected, currently the government in my country has started to prohibit exports in the form of raw materials to other countries, but at least it is processed in my country that way besides increasing selling prices, it will also absorb labor and we can learn to process it ourselves, so that finally when the contract is over we can fully control natural wealth and process it ourselves to sell it in the form of finished goods. that way there will be many benefits for the country including the welfare of the people

I couldn't agree more. This kind of system that you stated is a good way to keep most of the resources in the country but also create opportunities to produce goods with fair rates locally. Moreover, it also opens ways and opportunities for work which essentially helps the economy of the country. It is a good way to preserve and give much value to local mineral resources.

That is the hope of everyone in the third state, including my country which still lacks human resources but has natural resources that are complex enough to support people's welfare, but with a lack of human resources to utilize natural resources is very difficult, they are forced to sell it to other countries to gain profits and meet the state budget. There are so many cases of the use of natural resources in my country that are binding with other countries which are utilized without giving my country great benefits.
For example in the case of nickel, the ban on nickel exports caused chaos with European countries because they used to buy raw nickel from my country, then when it stopped, the European Union reported to the WTO because my country no longer wanted to export raw goods because it wanted to produce it itself so that it would have more value. in selling out, but they seem to be tormented by this decision and my country is under threat.