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US expresses interest in Pakistan’s copper sector

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The Ministry of Commerce, during a National Assembly session on economic developments, confirmed that the United States has expressed a strong interest in investing in Pakistan’s copper sector.

Pakistan is ranked fifth globally in terms of copper deposits, making it a highly attractive country for foreign investment in the mineral and metal sectors, especially for resource-driven economies.

According to the ministry, US officials expressed willingness to invest in Pakistan’s mineral reserves, focusing mainly on the copper industry due to rising global demand and favorable export potential.

Read More: Trump slaps India with additional 25pc tariff over Russian oil deal: White House

Currently, Pakistan exports copper-based metals mostly to China, but this growing interest from the US could diversify trade and bring fresh economic opportunities to the country.

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The Ministry also highlighted a major advantage: the US imposes a 50 percent tariff on copper, iron, steel, and aluminum imports—but refined copper is exempt from this tariff.

This means that exporting refined copper to the US market could yield significantly higher profits for Pakistani exporters, especially if the industry receives proper investment and technical upgrades.

The global demand for copper is expected to rise sharply due to its key role in clean energy technologies, electric vehicles, and advanced industrial systems worldwide.

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