Pakistan and the United States have expressed commitment to continue engagement and collaboration in the minerals sector, aligned with Pakistan’s economic reform agenda and shared objectives for sustainable development.
The commitment was expressed during a meeting between Finance Minister Muhammad Aurangzeb and President of the US Critical Minerals Forum, Robert Louis Strayer-II in Islamabad today. The US Chargé d’Affaires Natalie Baker was also present during the meeting.
During the meeting, both sides discussed avenues of cooperation in the minerals and mining sector, strengthening supply-chain security, and encouraging responsible and sustainable investment in Pakistan’s critical minerals landscape.
Finance Minister stressed that Pakistan’s mineral and mining sector represents a transformational opportunity. He said this offer Pakistan a pathway to shift from consumption-driven cycles to export-led growth.
He said a strong minerals policy framework will help Pakistan break the cycle of periodic balance-of-payments pressures and reduce future reliance on multilateral support.
Responding to queries, Finance Minister reaffirmed that Pakistan is working on important legal and regulatory reforms and will welcome structured proposals from the Critical Minerals Forum.
In his remarks, President of the US Critical Minerals Forum reiterated the Forum’s commitment to support technology transfer, IP protection, and US private-sector investor confidence.
The US delegation acknowledged Pakistan’s potential to become a future hub for critical mineral development.
