Overview
- On Oct. 31 in Islamabad, CMF president Robert Louis Strayer II and U.S. Chargé d’Affaires Natalie Baker met Finance Minister Muhammad Aurangzeb to discuss minerals cooperation.
- Pakistan asked the CMF to return with a detailed collaboration framework and structured proposals for projects the government will evaluate for responsible investment.
- Talks focused on secure, transparent supply chains, responsible and sustainable investment, and support for technology transfer and IP protection, with an emphasis on rare and niche metals such as copper and antimony.
- The CMF underscored the need to de‑risk ventures, citing unusually high uncertainty in production costs and mineral prices that is discouraging private capital.
- Islamabad highlighted power‑sector and tax reforms, creation of a tax policy unit, and referral of 24 state‑owned enterprises to the Privatisation Commission as it pitches the sector for export‑led growth, while U.S. officials signaled support for American commercial engagement.