Pakistan is actively navigating the evolving global trade landscape, focusing on strengthening its economy and fostering international partnerships.
On April 8-9, 2025, Islamabad is hosting the Pakistan Minerals Investment Forum (PMIF25) at the Jinnah Convention Centre. This pivotal event, organized by the Oil and Gas Development Company Limited (OGDCL) in collaboration with the Government of Pakistan, aims to unlock the nation’s vast mineral potential by attracting global stakeholders to its emerging minerals sector.
A significant highlight of PMIF25 is the participation of a 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.
Meyer’s visit underscores the United States’ interest in expanding economic ties and exploring investment opportunities within Pakistan’s critical minerals sector.
This collaboration comes at a crucial time. Recently, the U.S. imposed a 29% tariff on Pakistani exports, impacting key sectors such as textiles, which constitute a significant portion of Pakistan’s $6 billion annual exports to the U.S. Despite these challenges, Pakistan views this as an opportunity to diversify its trade partnerships and strengthen its economic resilience.
In parallel, Saudi Arabia’s Manara Minerals is set to acquire a 10-20% stake in Pakistan’s Reko Diq copper and gold project, representing a substantial foreign investment of up to $1 billion. This move not only highlights the project’s global appeal but also reinforces the strong economic ties between Pakistan and Saudi Arabia.
Prime Minister Shehbaz Sharif and his cabinet have consistently emphasized that Pakistan’s mineral resources are central to the country’s economic revival. The government’s proactive approach in hosting international forums like PMIF25 and securing foreign investments clearly demonstrates its commitment to harnessing these resources for national development. Furthermore, by fostering global collaboration and attracting foreign capital, it aims to drive sustainable growth and progress.
In conclusion, Pakistan is strategically positioning itself in the global economic arena by fostering international collaborations and attracting foreign investments. These efforts aim to transform challenges into opportunities, paving the way for a prosperous and resilient economic future.
