Pakistan Minerals Investment Forum kicks off in Islamabad
Prime Minister Shehbaz Sharif delivered the opening address, emphasizing the government's commitment to fostering responsible and sustainable mining practices. Chief of Army Staff General Syed Asim Munir is also scheduled to speak, highlighting the strategic importance of the mineral sector.
The two-day forum has attracted approximately 300 foreign delegates from countries including the United States, China, Saudi Arabia, Turkey, Azerbaijan, Denmark, Finland, Kenya, and the United Kingdom. Notably, a high-level U.S. delegation led by Eric Meyer, Senior Bureau Official for the Bureau of South and Central Asian Affairs at the U.S. State Department, is participating to advance U.S. interests in the critical minerals sector and explore avenues for American companies to invest in Pakistan's mineral landscape.
In his opening remarks, Deputy Prime Minister Ishaq Dar said Pakistan is strategically positioned to emerge as a global mining powerhouse, underpinned by its unparalleled geological wealth.
He highlighted that Pakistan is home to monumental reserves like Reko Diq. He said Pakistan also hosts vast resources of rare earth elements, industrial minerals, non-metallics and gem stones including globally sought after peridote and emerald.
The Deputy Prime Minister said with this vast untapped mineral potential, Pakistan's resource corridor is poised to reshape global supply chains and attract foreign direct investment.
Ishaq Dar said the government has prioritized the strategic development of the mining sector through progressive policy reforms and investor centric initiatives, laying the foundation for a robust eco-system that delivers value for all stakeholders.
The Deputy Prime Minister said this investment forum provides a unique platform for stakeholders, partners and friendly countries to explore new prospects and build mutually beneficial partnerships.
Later participating in a discussion session, Minister for Commerce Jam Kamal emphasized that Pakistan is the destination for investment in the minerals. He said our resources are potentially so high that these will definitely attract a lot of investment and interest from local and foreign companies.
from Latest Pakistan News - SUCH TV https://ift.tt/f2tqh6K
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