U.S. Seeks Cooperation with Pakistan on Critical Minerals and Hydrocarbons

U.S. Seeks Cooperation with Pakistan on Critical Minerals and Hydrocarbons
U.S. Seeks Cooperation with Pakistan on Critical Minerals and Hydrocarbons
U.S. Secretary of State Marco Rubio stated that Washington is looking to explore cooperation with Pakistan in the fields of critical minerals and hydrocarbons.اضافة اعلان

His remarks came in a statement issued by the U.S. State Department on the occasion of Pakistan’s Independence Day.

Both Washington and Islamabad praised a trade agreement signed last month, which Pakistan said would reduce tariffs and boost investment.

Pakistani Commerce Minister Jam Kamal noted that Islamabad will offer American companies investment opportunities in mining projects primarily in southwestern Balochistan, mainly through joint ventures with local firms, including incentives such as lease grants.

The region hosts major mining projects, including the Reko Diq project operated by Barrick Gold, considered one of the largest gold and copper mines in the world.

Late Wednesday, Rubio said: “We look forward to exploring new areas of economic cooperation, including critical minerals and hydrocarbons, and enhancing dynamic trade partnerships.”

He added, “The United States greatly values Pakistan’s role in counterterrorism and trade.”

___ Reuters