Islamabad (GNP): A delegation from Wood Mackenzie called on Federal Minister for Commerce Jam Kamal Khan at his office to discuss investment opportunities, international partnerships and preparations for the Pakistan Minerals Investment Forum.
During the meeting, the Minister highlighted Pakistan’s vast and largely untapped mineral potential, particularly in copper, antimony, iron ore, gemstones and other critical minerals. He emphasized that developing the mining sector could significantly boost exports, attract foreign investment and create new opportunities for industrial growth.
Jam Kamal Khan stressed the importance of investor-friendly policies, competitive taxation, reduced import duties on specialized mining equipment and greater coordination between federal and provincial governments to facilitate international investors.
The Minister particularly emphasized connecting small-scale Pakistani miners and existing leaseholders with major international mining companies through joint ventures, technology transfer and financial partnerships.
Highlighting the Ministry of Commerce’s role, he said tariff rationalization, trade agreements, improved market access and development of professional services could help Pakistan become a competitive destination for mineral investment.
The Minister also advocated a phased approach to value addition, emphasizing that commercially viable mining operations would pave the way for future investment in copper smelting, refining and downstream manufacturing.
He proposed stronger international collaboration across the mineral value chain, enabling countries to combine their strengths in exploration, processing, technology and trade.
The Wood Mackenzie delegation discussed international investment trends, fiscal competitiveness and opportunities for developing Pakistan’s mining-services ecosystem. The delegation also exchanged views with the Minister on preparations for the Pakistan Minerals Investment Forum and Pakistan’s potential to attract leading international mining investors.
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The Minister reaffirmed Pakistan’s commitment to transforming its mineral wealth into sustainable economic growth, enhanced exports, employment opportunities and long-term international investment partnerships.
Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.
