ISLAMABAD, JUN 25 /DNA/ – CDA Natalie Baker participated in a key webinar today, co-hosted with Pakistan’s Minister of Energy, Ali Pervaiz Malik, and senior officials. The session highlighted business opportunities for U.S. companies in Pakistan’s critical minerals sector, covering investment prospects, partnerships, and export potential.
The event, held at OGDCL Head Office, showcased Pakistan’s mineral resources and avenues for bilateral cooperation. Baker emphasized the importance of strengthening economic ties between the two nations.
The United States and Pakistan share a long history of economic partnership, and today, we are here to explore new avenues for collaboration in the critical minerals sector. This sector holds immense potential for both our countries, offering opportunities for growth, innovation, and prosperity.
Today, we will hear from Minister Malik, who will offer a high-level view of the Government of Pakistan’s strategy for transforming its mining sector. The Director General of Pakistan’s Minerals Wing will then give an in-depth presentation on opportunities for U.S. companies to get involved in new projects under development and leaders from Pakistan’s major mining companies are here to answer any questions you have after the presentation.
Pakistan’s diverse geological landscape is home to vast mineral deposits, including copper, gold, lithium, and antimony. The Government of Pakistan has undertaken important steps to improve its business climate that will make it easier for international companies to enter the market. These reforms will help enable international investors and local communities to benefit from Pakistan’s immense potential for large-scale mining.
The world-class copper and gold mine under construction at Reko Diq is an important example of this potential. It also demonstrates the impact of decades of cooperation between the United States and Pakistan: Beginning with a joint geological survey in 1961 that first discovered the copper and gold deposits in that part of Balochistan, the development of Reko Diq is expected to produce nearly $1 billion of U.S. exports to provide equipment and services and is projected to generate more than $75 billion in profits over the life of the project.
The U.S. Mission in Pakistan is committed to fostering strong economic ties between our nations. We believe that by working together, we can unlock the full potential of Pakistan’s critical minerals sector, create new opportunities for American businesses, and contribute to Pakistan’s economic development. Our Embassy and Consulates are here to support American companies as they navigate the Pakistani market by connecting them with local partners and ensuring they have the resources and information they need to succeed. We are committed to facilitating investment, promoting trade, and advocating for policies to improve the business environment.
If you have any questions on doing business in Pakistan, such as how to register, managing regulatory issues, and market dynamics – we have experts from the Department of Commerce on the line today from our offices in Washington and across Pakistan who can help you through that process.
In recent years, we have seen significant progress in our economic relationship. U.S. investors have made substantial contributions to Pakistan’s development, and we are confident that the critical minerals sector will be another area where we can achieve great success together. There have already been major opportunities at Reko Diq for American engineering firms and mining equipment companies. The many new projects underway will bring an increased demand for modern geophysical surveys, infrastructure development, and project management that American companies are uniquely positioned to provide.
As you will hear in a moment, Pakistan’s mining companies are exploring a variety of new, highly prospective license areas, including for copper and gold near Reko Diq and antimony in another part of Pakistan, and seeking partners to unlock the potential of these areas. I encourage all of you to take advantage of the opportunities presented today. Engage with the experts, ask questions, and explore how your businesses can contribute to and benefit from Pakistan’s critical minerals sector. The U.S. Mission is here to assist you every step of the way.
Thank you once again for your participation. I look forward to a productive discussion and to seeing the positive impact of our collaboration in the years to come.
