KEY POINTS
- The US investment will focus on advancing Reko Diq mining project in Balochistan
- The project will generate an estimated 6,000 jobs in the US and 7,500 in Pakistan
- Reko Diq is expected to produce around $90 billion in revenue over 37 years
- The financing aligns with the broader US-Pakistan “Green Alliance” framework
ISLAMABAD: The United States has announced a substantial $1.25 billion financing commitment through the US Export-Import (EXIM) Bank to boost economic growth and expand investment opportunities in Pakistan, with a strong focus on the province of Balochistan.
In a message underscoring Washington’s commitment, US Chargé d’Affaires, Natalie Baker said the initiative will benefit both American companies and local communities across Pakistan.
“I am pleased to highlight the US Export-Import Bank recently approved financing of $1.25 billion to support the mining of critical minerals at Reko Diq in Pakistan,” she said.
The envoy added that in the coming years, EXIM’s project financing will bring in up to $2 billion in high-quality US mining equipment and services needed to build and operate the Reko Diq mine, along with creating an estimated 6,000 jobs in the US and 7,500 jobs in Balochistan, Pakistan.
With a new commitment of $1.25 billion in EXIM Bank financing, the U.S.-Pakistan partnership will drive economic growth in Balochistan. Watch Chargé d’Affaires Natalie Baker’s message to hear how this financing will be a game-changer for U.S. businesses and local Pakistani… pic.twitter.com/8EklYNLQpX
— U.S. Embassy Islamabad (@usembislamabad) December 10, 2025
Baker noted the Reko Diq project serves as the model for mining projects that will benefit US exporters as well as local Pakistani communities and partners by bringing employment and prosperity to both our nations.
Reko Diq is one of the world’s most significant untapped reserves of copper and gold. The project is projected to generate an estimated $90 billion in revenue over the next 37 years.
Canada’s Barrick Gold Corporation owns a 50 percent stake in the project, while the remaining 50 percent is held jointly by the Government of Pakistan and the Government of Balochistan.
Natalie Baker added that the Trump administration has made the forging of deals exactly like this one central to American diplomacy.
“We look forward to seeing further agreements between US companies and their Pakistani counterparts in the critical minerals and mining sector,” she concluded.
The United States has long collaborated with Pakistan across key sectors such as education, energy, agriculture, and health.
The new EXIM Bank financing marks one of the most substantial economic initiatives in recent years to deepen commercial ties and support inclusive development, particularly in underserved regions like Balochistan.
The initiative is part of the broader US-Pakistan “Green Alliance” and economic cooperation agenda, which focuses on expanding clean energy, climate resilience, and sustainable development.
