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ISLAMABAD:
The United States approved a major funding package worth $1.25 billion to support critical mineral development at Pakistan’s Reko Diq site, U.S. Chargé d’Affaires Natalie A. Baker announced Wednesday.
In a video message posted on
“I am pleased to note that the US Export-Import Bank recently approved $1.25 billion in financing to support critical mineral extraction at Reko Diq in Pakistan,” Baker said.
He added that in the coming years, EXIM’s project financing would help secure up to $2 billion in high-quality U.S. mining equipment and services needed to build and operate the Reko Diq mine.
According to the US envoy, the project is expected to generate significant employment opportunities on both sides: around 6,000 jobs in the United States and around 7,500 jobs in Balochistan, supporting local communities and contributing to regional economic growth.
Baker described the Reko Diq initiative as a model of mutually beneficial cooperation, saying it would “bring jobs and prosperity to our two nations,” while supporting American exporters and strengthening Pakistan’s mining capabilities.
He stressed that the Trump administration had made creating such partnerships a key pillar of US diplomacy, especially in sectors involving critical minerals vital to global supply chains.
“We hope to see more deals between US companies and their Pakistani counterparts in the critical minerals and mining sector,” he added.
The financing announcement marks one of the United States’ most significant economic commitments to Pakistan’s mining sector, signaling growing bilateral cooperation at a time when global demand for critical minerals continues to rise.
On the other hand, the US Chargé d’Affaires called on the Deputy Prime Minister and Minister of Foreign Affairs, Senator Ishaq Dar.
The DPM/FM highlighted the importance of close relations between Pakistan and the United States and discussed bilateral issues of mutual interest, the Foreign Ministry spokesperson said in a press release.
They also discussed key regional and international developments.
Education, technical training.
Minister of State for Federal Education and Vocational Training Wajiha Qamar held talks on Wednesday with a high-level US delegation to explore avenues for deeper collaboration in education, technical training and emerging industries such as minerals and mining.
The meeting took place at the Ministry after the inauguration of the new building of the United States Educational Foundation in Pakistan (USEFP) in Islamabad. Both sides said the facility will strengthen academic advising, exchange programs and broader educational collaboration between Pakistan and the United States.
