US envoy encourages American firms to invest in Pakistan’s minerals, ICT, energy sectors

US Chargé d’Affaires Natalie Baker at her country’s Independence Day reception in Islamabad, Pakistan on June 5, 2025. (US Embassy Islamabad/Screen grab)
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Updated 04 September 2025
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US envoy encourages American firms to invest in Pakistan’s minerals, ICT, energy sectors

  • Embassy statement says CDA Baker cites Pakistan’s demographics and location as key draws
  • Pakistan is pursuing IMF-backed reforms to stabilize finances, boost reserves and credit ratings

ISLAMABAD: A senior US diplomat has highlighted opportunities for American companies to invest in Pakistan’s critical minerals, information technology, agriculture and energy sectors, calling them key areas for growth and bilateral cooperation, the US Embassy said in a statement this week.

Chargé d’Affaires Natalie Baker made the remarks at a webinar hosted by the Business Council for International Understanding (BCIU) on Sept. 2, where US and Pakistani business leaders discussed the country’s evolving business environment.

In 2024, total US-Pakistan goods trade amounted to approximately $7.2 billion, with US exports to Pakistan valued at around $2.1 billion and imports at nearly $5.1 billion. On the foreign direct investment front, the United States remains one of Pakistan’s largest investors, with net US FDI inflows estimated at $227.7 million

“The opportunities are significant in critical minerals, ICT, agriculture, energy and infrastructure,” Baker said at the webinar, encouraging American companies to engage with the US Foreign Commercial Service team in Pakistan and pursue partnerships with local counterparts to build “profitable ventures” that could contribute to economic prosperity in both countries.

Baker also underlined Pakistan’s demographic and strategic advantages, noting its location, competitive labor force and vast consumer base. 

“This is the fifth-largest country in the world, home to 250 million people, with 64 percent of the population under the age of 30,” she said. 

“Pakistan’s GDP is about $412 billion, ranking 38th in the world, but Goldman Sachs projects it could reach $3.3 trillion by 2050, putting it among the top 10 to 15 economies globally.”

Her remarks came as Pakistan implements reforms under a $7 billion International Monetary Fund program approved in September 2024, focused on tax collection, energy sector restructuring and privatization of state-owned firms.

The measures have helped stabilize public finances, rebuild foreign exchange reserves and improve international credit ratings, with Fitch Ratings upgrading Pakistan’s outlook to positive in mid-2025. Officials say the steps are crucial for restoring investor confidence and laying the groundwork for sustainable growth in the South Asian nation. 


Pakistan rules out talks with Afghanistan, says over 330 Afghan fighters killed in clashes

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Pakistan rules out talks with Afghanistan, says over 330 Afghan fighters killed in clashes

  • Clashes between the neighbors erupted after Pakistan’s airstrikes on Afghan territory last weekend
  • US voices support for Pakistan, Information Minister Attaullah Tarar says they aim to make Pakistan safe

ISLAMABAD: Pakistan has ruled out any talks with Afghanistan until an end to “terrorism” emanating from the Afghan soil, officials said on Friday, following the killing of more than 330 Afghan fighters in cross-border clashes this week.

The latest clashes between the neighbors erupted after Pakistan’s airstrikes on Afghan territory last weekend triggered Afghan retaliatory attacks along the border on Thursday, escalating long‑simmering tensions over Pakistan’s claim that Afghanistan shelters Pakistani Taliban militants. Afghanistan denies this and argues Pakistan is deflecting blame for its own security failures.

Pakistani Information Minister Attaullah Tarar said they had killed 331 Afghan fighters, destroyed over 100 posts and targeted 37 military locations across Afghanistan. Afghan officials have said that more than 50 Pakistani soldiers have been killed and several Pakistan posts have been captured by their forces. None of the casualty figures or battlefield claims from either side could be independently verified.

Meanwhile, Mosharraf Zaidi, Prime Minister Shehbaz Sharif’s spokesperson for foreign media, ruled out any talks with Afghanistan until Kabul addresses the issue as the United States (US) expressed his support for what it called Pakistan’s “right to defend itself” against attacks from Afghanistan’s Taliban rulers.

“There won’t be any talks, there is nothing to talk about... Terrorism from Afghanistan has to end,” Zaidi told Pakistani state media, saying Islamabad would continue to target militant havens inside Afghanistan.

“Pakistan’s responsibility is to protect its citizens. If we know that there is a terrorist in point A and we know that there is a terrorist enabler at point A, we will find a weapon to land at point A and eliminate the threat.”

Zaidi said he didn’t expect Pakistan to deviate from this position and that the government had clearly conveyed what it was doing.

“We have clearly articulated what we are doing and what we plan on continuing to do and what it will take for us to stop doing what we are doing,” Zaidi said.

“And we will expect that both the international community and the regime in question, the Afghan Taliban, will come to their senses and will help reduce instability and disorder in this region.”

Pakistan is a major non-NATO ally of Washington, while the US considers the Afghan Taliban to be a “terrorist” group.

“The United States supports Pakistan’s right to defend itself against attacks from the Taliban, a Specially Designated Global Terrorist group,” Reuters quoted a State Department spokesperson as saying. US diplomat Allison Hooker said on X she spoke on Friday with Pakistan Foreign Secretary Amna Baloch.

The State Department spokesperson said Washington was aware of the escalation in tensions and “outbreak of fighting between Pakistan and the Afghan Taliban,” adding the US was “saddened by the loss of life.”

“The Taliban have consistently failed to uphold their counterterrorism commitments,” the State Department said, adding that “terrorist groups use Afghanistan as a launching pad for their heinous attacks.”

Meanwhile, Afghan Taliban spokesperson Zabihullah Mujahid called for talks to resolve the crisis.

“We have always emphasized peaceful resolution, and now too we want the issue to be resolved through dialogue,” he said on Friday afternoon.

Asked what Pakistan desired, Information Minister Tarar said: “Neutralizing the threat and ensuring that Pakistan is safe.”

“Because for us, we’ve been good neighbors, we’ve been very friendly neighbors, we’ve been very, very generous neighbors. Our generosity, unfortunately, has often been seen as our weakness,” he told state media.

“So the objective, aim is to neutralize the threat and make Pakistan safe.”

To a question about a ceasefire, Tarar said it was “too early” to comment on that as it was an evolving situation.