The Senior Bureau Official (SBO) for South and Central Asian Affairs Eric Mayor Pakistan is set to arrive in Pakistan on a three -day visit to advance US interests in the main sectors of minerals in the Minerals Investment Forum.
The mayor will lead the US delegation in Islamabad from April 8 to April 10, according to a statement issued by the US Department of State.
During his time in Pakistan, US officials will meet with senior Pakistani officials to expand the opportunities of US businesses in Pakistan and deepen economic relations between our two countries.
In addition, the mayors will also engage with senior officials to clarify the importance of our permanent cooperation on counter -terrorism.
The US official’s visit came against Washington’s decision to impose a 29 % tariff on imports from Pakistan – one of the fastest economic strikes in recent history.
In light of President Donald Trump’s announcement of prices – Prime Minister Shahbaz Sharif has two special bodies to resolve and form a policy response in this regard.
Saying with Finance Minister Mohammed Aurangzeb that a high -level delegation will travel to Washington with US officials and for further dialogue with US officials, Pakistan’s ambassador to US Razan Saeed Sheikh has remarked that Islamabad is trying to secure every effort to secure the US tariff policy.
Meanwhile, a scheduled visit to the US State Department official and delegation is to be taken, especially in the context of the next Pakistan Minerals Investment Forum 2025 (PMIF 25), which will be held in the federal capital in the current month.
During the forum, the government, led by Prime Minister Shahbaz, is ready to market its mineral -rich landscape, which covers an outfarap area about 600 600,000 square kilometers in the country.
The forum will serve as a Premier Platform for global stakeholders, foreign investors, leading corporations, policy makers, international diplomats, financial organizations and industry experts in the country’s mining sector.
Despite its great potential, the mineral sector currently contributes about 3. 3.2 % to the country’s GDP, with exports only 0.1 % in the world. However, with increasing search, foreign investment, and improvement in infrastructure, Pakistan’s mining industry is ready to expand significantly.
The official said, “With 92 leading minerals, 52 of whom commercially exploit, Pakistan produces 68.52 million metric tonnes of minerals annually. The sector supports more than 5,000 operational mines and 50,000 small and medium -sized businesses, which provides 300,000 jobs directly.”
Recognizing the capacity of the mining sector, the government is finalizing the framework of national mineral harmony, 2025, a comprehensive policy that aims to attract investment at the provincial and national level and formulate rules. This framework will provide privileges to local and foreign investors, pave the way for mining rules and facilitate public private partnerships.