Deputy Prime Minister and Foreign Minister Senator Ishaq Dar on Tuesday highlighting Pakistan\u2019s strategic position to emerge as a global mining powerhouse, said that with this vast untapped mineral potential, the country\u2019s resource corridor was primed to reshape global supply chains and attract investment.<\/p>\n
The deputy prime minister, in his opening remarks at the two-day Pakistan Minerals Investment Forum being held here, said that Pakistan also hosted vast resources of rare earth elements, industrial minerals, non-metalics and gemstones, including globally sought-after peridot and emerald.<\/p>\n
He said that the anchored in the Tethyan Metallogenic Belt \u2014 one of the world\u2019s largest copper-gold zones, Pakistan was home to monumental reserves like the \u2018Reko Diq\u2019.<\/p>\n
The event is being attended by Prime Minster Shehbaz Sharif, federal ministers, Chief of the Army Staff General Syed Asim Munir, ministers and delegates from over 300 countries, and CEOs of reputed mineral companies.<\/p>\n
The deputy prime minister said that the Forum was aimed at deliberating on a critical subject shaping economies, fuels technological progress, and held the potential for sustainable development across the globe \u2014 investment in the mineral sector.<\/p>\n
\u201cAs an advocate of economic diplomacy, I consider it a crucial tool in our shared mission to transform Pakistan\u2019s trade and investment landscape \u2013 not only broadly, but also specifically within the minerals sector,\u201d he remarked.<\/p>\n
He told the gathering that Pakistan was entering a new phase of economic progress as the government had taken tough but necessary decisions to stabilize the economy, resulting in increasingly visible key macroeconomic indicators.<\/p>\n
\u201cStrong remittance inflows and increasing FDI are providing much-needed foreign exchange, boosting domestic consumption, investments, and overall economic growth. These achievements \u2014 coupled with improved credit ratings from Fitch and Moody\u2019s \u2014 underscore our commitment to economic stability and fiscal discipline.\u201d<\/p>\n
Deputy Prime Minister Dar said that the Government of Pakistan had prioritized the strategic development of the minerals sector through progressive policy reforms and investor-centric initiatives.<\/p>\n
Dar told the Forum that by aligning its regulatory frameworks with competitive fiscal terms, Pakistan was positioning itself as a dynamic hub for sustainable, high-yield ventures in resource exploration, extraction, refining, logistics, and infrastructure.<\/p>\n
\u201cTo truly unlock the true potential of this sector, we need more than just capital\u2026 Investment in the mineral sector represents not only financial opportunity, but a vital step towards securing a sustainable and technologically advanced future for generations to come.\u201d<\/p>\n
He said that the Forum provided a unique platform for stakeholders, friendly countries, and partners to converge, explore new prospects and build mutually beneficial partnerships.<\/p>\n
\u201cThis forum is anchored in the three pillars of Potential, People and Policy \u2014 a vision the Government of Pakistan is implementing to drive shared prosperity and sustainable growth\u2026 Let us fully appreciate the tremendous value of this sector and the responsibility that comes with it. Let us invest with purpose, with foresight, and with the collective well-being of the people of Pakistan in mind,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"
Deputy Prime Minister and Foreign Minister Senator Ishaq Dar on Tuesday highlighting Pakistan\u2019s strategic position to emerge as a global mining powerhouse, said that with this vast untapped mineral potential, the country\u2019s resource corridor was primed to reshape global supply chains and attract investment. The deputy prime minister, in his opening remarks at the two-day […]<\/p>\n","protected":false},"author":2,"featured_media":465083,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-471214","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"\n