Pakistan to hold PMIF26 forum to attract US investment
Pakistan is hosting the Pakistan Minerals Investment Forum to attract foreign investment, particularly from the United States, for the development of mineral resources in Balochistan. The initiative aims to leverage significant deposits of copper, gold, and rare earth elements.
Why it matters
Developing mineral resources in Balochistan is a key economic strategy for Pakistan and a potential area for US-Pakistan industrial cooperation.
--> Pakistan will hold the Pakistan Minerals Investment Forum (PMIF26) on November 12–13 to attract foreign investors, including from the United States, to develop the mineral resources of Balochistan province. The forum was initially scheduled for April 8–9 in Islamabad, but was postponed, The Express Tribune reports .
According to the publication, US companies are not currently operating in Balochistan. At the same time, the Pakistani government seeks to encourage Washington to take a leading role in investment in the province's mineral sector, despite security risks. Last year's Pakistan Minerals Investment Forum brought together 5,000 delegates from more than 50 countries, where 16 memorandums of understanding were signed and 18 panel discussions were held.
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