LAHORE:Modern economy now depends on minerals and Pakistan's vast and largely untapped reserves can play a real part in reshaping the global balance as Pakistan’s reserves exceeded USD 06 trillion in value.
Pakistan Furniture Council (PFC) Chief Executive Officer Mian Kashif Ashfaq stated this, while chairing the council's meeting here Sunday. Keeping in view the growing interests from US policymakers and investors, he said, Pakistan and US need a framework built on sustainable, inclusion and shared prosperity. Beyond corporate responsibility, the government also has an important role in making sure this opportunity turns into a long-term progress.
Equally important is setting up transparent revenue management mechanisms, ensuring that mineral proceeds flow through audited public channels and support social and economic development priorities aligned with Pakistan’s fiscal responsibilities. If handled rightly, he viewed, a US-Pakistan minerals partnership can go far beyond supply chains. It will strengthen regional stability, create thousands of jobs, and offer Pakistan a genuine path to sustainable growth. Mian Kashif remarked, ‘For the US, Pakistan represents a credible partner in securing critical minerals, and for Pakistan, it’s a chance to unlock economic potential.Both countries now have the opportunity to co-write a new story of mutual respect, shared prosperity, and forward-looking growth.’
