Govt signs Mou with the US company on critical minerals cooperation

An American company that focused on critical minerals signed a Memorandum for Understanding (MOU) with the Frontier Works Organization (FWO) Monday, in a deal, both sides that would strengthen bilateral cooperation.

Mou was signed in the Prime Minister’s House in Islamabad by a delegation led by American strategic metals (USSM), accompanied by Embassy Islamabad, who served Deputy Manager of Mission Zach Harkenrider.

American ChargĂ© d’Affaires Natalie Baker said the deal reflected the depth of ties between the two nations. “This signing is another example of the strength of the American bilateral relationship that will benefit both countries,” she said in a statement.

Baker said Washington placed a high priority on such agreements. “The Trump administration has made forging such offers a key priority in view of the importance of critical mineral resources for American security and prosperity,” she said. “We look forward to seeing future agreements between American companies and their colleagues in the critical minerals and the mining sector in Pakistan.”

USSM, based in Missouri, deals with the production and recycling of critical minerals defined by the US Ministry of Energy as important for advanced production and energy production.

According to the statement from the Prime Minister’s office, a high -level US business delegation visited Pakistan this week to explore the opportunities to expand mining and investment in infrastructure and value added mineral processing.

The delegation, which consists of representatives of USSM and Mota-Engil, toured Pakistan from 7 to 9 September. It held high -level meetings with Prime Minister Shehbaz Sharif, Chief of Staff Field Marshal Asim Munir, Petroleum Minister and Federal Minister of Commerce.

The companies were informed of Pakistan’s huge mineral reserves, including copper, gold and rare earth elements. The visit was supported by the US Embassy in Islamabad and emphasized “strong bilateral ties in the economic and investment sector,” the statement added.

During the visit, companies expressed the willingness to invest in setting up value -adding facilities, expanding mineral processing capacity and financing large infrastructure projects associated with mining.

Read more: Pakistan, US Seal Trade Deal

In the second period of Donald Trump’s presidency, the US -Pakistan relationship has taken a new reversal, especially after the conflict with India. At the end of July, the United States signed a trade agreement with Pakistan. Trump said the deal included joint development of the country’s “massive” oil reserves.

“We have just concluded an agreement with the country Pakistan, where Pakistan and the United States will work together to develop their massive oil reserves,” Trump wrote in the post of his social media platform of ‘Truth Social’.

“We are in the process of choosing the oil company that will lead this partnership. Who knows, maybe they will sell oil to India one day!” The US president wrote in his post without providing further details of the deal.

PM Shehbaz also expressed his gratitude to US President Donald Trump for his role in ending a “historic” trade agreement between Pakistan and the United States.

“I want to convey my deep thanks to President Trump for his leadership role in the completion of the historic trade agreement in the US-Pakistan, successfully completed by our two sides in Washington last night,” the prime minister wrote on his X-Time Line.

Earlier in June, Coas Munir also held a one-on-one meeting with Trump. Trump said it was an honor to meet Field Marshal Munir during a lunch held at the White House on Wednesday.

In a speech with the media after the event, Trump expanded his gratitude to Pakistan’s military boss to visit and recognized the role of the army in helping to avert additional military escalation with India.

“It’s an honor for me to meet Asim Munir,” Trump said. “I invited him to thank him for not going to war. He deserves appreciation to help secure the ceasefire. Pakistan and India are both nuclear forces. We are in conversations with Pakistan about a trade agreement. The management of both nations is really remarkable,” he added.

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