ISLAMABAD: The United States will invest up to $2 billion in equipment and service exports for the Reko Diq copper-gold project in Pakistan’s Balochistan province, the acting US ambassador said on Wednesday, after Washington approved $1.25 billion in financing.
US Charge d’Affaires Natalie Baker met Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar on Wednesday and discussed ways to strengthen bilateral relations.
Ishaq Dar highlighted the importance of close Pakistan-US relations and discussed bilateral matters of mutual interest, the Foreign Office Spokesperson said in a press release.
They also discussed key regional and international developments.
US Chargé d’Affaires Natalie Baker called on the Deputy Prime Minister/Foreign Minister of Pakistan, Senator Mohammad Ishaq Dar @MIshaqDar50, today.
The DPM/FM highlighted the importance of close Pak–US relations and discussed bilateral matters of mutual interest. They also… pic.twitter.com/vlRvuAw1yh
— Ministry of Foreign Affairs – Pakistan (@ForeignOfficePk) December 10, 2025
Earlier, Washington approved $1.25 billion in financing through the US Export-Import (EXIM) Bank for Pakistan’s Reko Diq copper-gold mine.
US envoy Baker, in a video message, added that the package could potentially unlock up to $2 billion in US equipment and service exports for the project.
One of the largest US financing decisions in Pakistan’s minerals sector, the facility is expected to facilitate the use of US-sourced mining technology, drilling machinery, and operational support, while generating jobs in both countries and accelerating the development of one of the world’s largest untapped copper deposits.
The United States on Tuesday also inaugurated a new purpose-built headquarters for the United States Educational Foundation in Pakistan (USEFP), as American officials reported an 18% rise in Pakistani students studying in the US.
