POLITICS

Pakistan says the US companies seek to invest in the country’s untapped minerals sector

Apr 9, 2025, 12:33 AM

In this photo released by the Pakistan's Prime Minister Office, a U.S delegation led by Eric Meyer,...

In this photo released by the Pakistan's Prime Minister Office, a U.S delegation led by Eric Meyer, fourth left, senior Bureau Official for the State Department's Bureau of South and Central Asian Affairs, met with Pakistan's Prime Minister Shehbaz Sharif, in Islamabad, Pakistan, Wednesday, April 9, 2025. (Prime Minister Office via AP)
Credit: ASSOCIATED PRESS

(Prime Minister Office via AP)

ISLAMABAD (AP) — U.S. companies are seeking to invest in Pakistan’s largely untapped minerals sector that boasts one of the world’s largest copper and gold deposits, the Pakistani government said Wednesday.

Eric Meyer, Senior Bureau Official for the State Department’s Bureau of South and Central Asian Affairs, conveyed that interest directly to Pakistani Prime Minister Shehbaz Sharif during meeting in Islamabad, according to a government statement.

The meeting came a day after Meyer attended the Pakistan Minerals Investment Forum—an international summit aimed at attracting foreign investment in the country’s mining sector. Apart from gold and copper, Pakistan is also rich in lithium used to make batteries, as well as other minerals.

The summit has drawn participation from major international companies, including Canada-based Barrick Gold, as well as government officials from the United States, Saudi Arabia, China, Turkey, the United Kingdom, Azerbaijan, and other nations.

Pakistan’s massive copper and gold deposits are located in Reko Diq, a district in restive Balochistan, which has witnessed a surge in attacks by Baloch separatists in recent years. Pakistan’s powerful army chief Gen. Asim Munir had told foreign companies and investors at the summit that the military would ensure their security.

The statement said Meyer “acknowledged the potential of Pakistan’s mineral sector,” adding that American companies are interested in exploring investment opportunities.

He reaffirmed Washington’s interest in expanding bilateral cooperation, including in such sectors as trade, investment, and counterterrorism, the statement said. Sharif said Pakistan’s minerals sector offered “immense opportunities” and encouraged U.S. companies to take advantage of the investment potential.

Sharif expressed Islamabad’s desire to strengthen ties with the Trump administration. Meyer’s visit marks the first by a Trump administration official since the U.S. imposed a 29% tariff on Pakistani exports as part of his trade war.

Politics

FILE - Pope Francis meets with President Donald Trump, left, on the occasion of their private audie...

Associated Press

Trump draws criticism with AI image of himself as the pope ahead of the papal conclave

NEW YORK (AP) — President Donald Trump posted Pope Francis continues and just days before the conclave to elect his successor is set to begin. Trump’s action drew a rebuke from a group representing Catholic bishops in New York and among Italians. The image, shared Friday night on Trump’s Truth Social site and later reposted […]

1 hour ago

FILE - In this June 16, 2020 file photo, a city worker measures the statue of Christopher Columbus ...

Associated Press

Indigenous activists see Trump’s Columbus Day rhetoric as cause for continued advocacy

This week, President Donald Trump announced he won’t recognize Indigenous Peoples Day and will bring Columbus Day “back from the ashes” — another sign some Native leaders say that advocacy for Indigenous representation must continue during Trump’s second term in the White House. Columbus Day, celebrated annually in October, venerates the accomplishments of Italian explorer […]

4 hours ago

FILE - Cuban-Americans chant pro-Trump slogans as they show their support for Republican presidenti...

Associated Press

Trump brands his opponents as ‘communists,’ a label loaded with the baggage of American history

For years, President Donald Trump blamed “communists” for his legal and political troubles. Now, the second Trump administration is deploying that same historically loaded label to cast his opponents — from judges to educators — as threats to American identity, culture and values. Why? Trump himself explained the strategy last year when he described how […]

6 hours ago

FILE - This undated photo provided by the Kansas Department of Revenue shows a Kansas REAL ID. (Kan...

Associated Press

Don’t have a REAL ID yet? That could cause you travel headaches after May 7

NEW YORK (AP) — The deadline to get a REAL ID is fast approaching after years of postponements and delays. Starting May 7, your license or identification card will need to be REAL ID-compliant to fly domestically in the U.S. Unfortunately, it doesn’t seem like there will be another delay in the deadline this time. […]

6 hours ago

FILE - Harmeet Dhillon walks through a hallway after talking to reporters at the Republican Nationa...

Associated Press

Justice Department will switch its focus on voting and prioritize Trump’s elections order, memo says

The Justice Department unit that ensures compliance with voting rights laws will switch its focus to investigating voter fraud and ensuring elections are not marred by “suspicion,” according to an internal memo obtained by The Associated Press. The new mission statement for the voting section makes a passing reference to the historic Voting Rights Act, […]

6 hours ago

FILE - National Security Advisor Mike Waltz speaks during a television interview at the White House...

Associated Press

Waltz ouster adds to tumult in Trump’s national security team but consolidates power in fewer hands

WASHINGTON (AP) — President Donald Trump’s removal of national security adviser Mike Waltz brings further disruption to a national security team that has already endured scrutiny over using the Signal messaging app to discuss sensitive military operations as well as mounting questions over the leadership of Defense Secretary Pete Hegseth and the firing of the […]

7 hours ago

Pakistan says the US companies seek to invest in the country’s untapped minerals sector