Central+African+Republic+Strategic+Minerals

=China is Likely to Remain a Stable Importer of Central African Republic's Diamond Sector=

Executive Summary:
China is likely to remain a stable importer of Central African Republic's diamond sector. In 2010, Central African Republic was ranked 14th among the World's leading producers of rough diamonds by volume and 12th by value. The top export destinations for these diamonds are United Arab Emirates, European Community, and China. In 2012, it was reported that China imported USD 2,049,381 of Central African Republic's diamonds.

Discussion:
Central African Republic's natural resources include uranium, timber, gold, oil, and hydro power, with the main exports being diamonds and timber. In 2010, Central African Republic was ranked 14th among the world's leading producers of rough diamond by volume, and 12th by value. In 2012, the country's status increased to rank 12th by volume and value. The top export destinations of the diamonds are the European Community with USD 49 million, United Arab Emirates with USD 10 million, and China with USD 2 million. On March 1, 2011, the Central African Republic has been accepted as an Extractive Industries Transparency Initiative (EITI) compliant country The EITI sets a global standard for companies to publish what they pay and for governments to disclose what they receive. Currently Central African Republic was suspended as of 10 April 2013, because of political instability.

Central African Republic is known to have uranium deposits. However, WISE and SOMO report, "The Central African Republic does not seem to be prepared to host a high-impact uranium mine Institutions are not available, knowledge and skills needed to specifically manage uranium mining operation impacts are not to be found in the country. The Central African Republic has all the factors that could lead to bad performance of the mine, from political instability, low education levels, insufficient legislation and law enforcement".

** Analytic Confidence: **
Analytic confidence is medium. Source reliability ranges from medium to high. There is no conflict between sources. The analyst had low expertise on the subject, worked alone while also collaborating with a group, and did not use a structured analytic method. The subject is moderately complex and the deadline was moderately easy to meet.
 * Analyst:** RoseAnna Wright