Pakistan Mineral Development Corporation (PMDC) has initiated an agreement execution process with an American company for the export of pink salt, marking a significant step towards leveraging the country’s mineral potential.
The establishment of the Mines and Minerals Division at the federal level underscores the commitment to harnessing the mining sector’s capabilities, PTV reported. With a focus on harmonising mineral policies and regulations nationwide, the division is poised to revitalise the mineral industry.
The SIFC stands at the forefront, playing a pivotal role in facilitating both domestic and foreign investment in the mineral sector. The coordination between federal and provincial authorities promises to streamline processes and create an environment conducive to investment.
This move demonstrates Pakistan’s openness to international collaboration for mutual economic growth and development.
Published in The Express Tribune, April 10th, 2024.
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