ISLAMABAD: Pakistan and China have signed a long-term strategic cooperation agreement aimed at boosting the mining, processing, value addition, and global export of Pakistan’s vast rock salt reserves.
In a major breakthrough for Pakistan’s mineral sector, Pak Salt Corporation signed a long-term strategic cooperation agreement with the China National Salt Industry Group.
The agreement was signed during Pakistan’s Prime Minister Shehbaz Sharif’s visit to China.
The historic partnership aims to revolutionise the mining, processing, and global distribution of Pakistan’s vast rock salt reserves.
The agreement was finalised through the effective facilitation of the Special Investment Facilitation Council (SIFC), alongside key institutional support from the Ministry of Energy (Petroleum Division).
By bringing together leading Chinese, Pakistani, and North American enterprises under one platform, the SIFC has played a pivotal role in strengthening Pakistan’s business framework and boosting international investor confidence.
Under the terms of the agreement, both countries will cooperate closely to integrate Pakistani rock salt into organised global supply chains.
The partnership will focus heavily on technology transfer, advanced mining techniques, local processing, and high-end value addition to significantly increase the footprint of Pakistani salt products in premium international markets.
Notably, Pak Salt Corporation stands out as a unique platform that successfully merges American and Chinese expertise, technology, and investment within Pakistan’s mineral sector.
In this regard, Shen Xiaojun, Chairman of China National Salt Industry Group, has said that Pakistan and China share a deep, traditional friendship.
There is immense potential for cooperation between our two countries in the salt sector, and this agreement opens up new avenues for mutual growth.
Ahmad Nadeem Khan, Chairman of Pakistan Salt Company, about this historic development, said that by leveraging the advanced technology of the China National Salt Industry Group, we see vast opportunities to develop Pakistan’s unique salt resources and elevate them to global standards.
Muhammad Mubarak Khan, CEO of Miracle Salt Development Corporation, said that this historic agreement brings North American and Chinese entities together on a single platform through Pak Salt Corporation.
This landmark milestone was achieved due to the strategic support of the SIFC, which has significantly enhanced investor confidence and modernised our industrial framework.
This strategic alliance marks a turning point for Pakistan’s mining industry, promising substantial economic growth, job creation, and increased foreign exchange earnings through high-value mineral exports.
