Amid ongoing unrest in Balochistan, Pakistan’s army chief has pledged strong security measures to protect foreign and local investors at a major minerals conference aimed at unlocking the country’s estimated $6 trillion in natural reserves.
Pakistan will provide robust security to protect the interests of investors and partners, its army chief told a minerals conference on Tuesday, amid heightened unrest in key mineral-rich province Balochistan.
Pakistan is hosting a two-day mines and minerals conference with delegates from countries including the United States, China and Saudi Arabia, as well as companies including Barrick Gold and Woods Mackenzie. It is seeking to attract investments in its natural reserves, which are estimated to be worth $6 trillion.
"Pakistan's army will ensure a robust security framework, (and) proactive measures to protect the interests and trust of partners and investors," General Asim Munir said.
"You can count on Pakistan as a reliable partner."
The conference comes weeks after insurgents hijacked a train carrying over 400 passengers, including soldiers, in volatile Balochistan, which borders Iran and Afghanistan.
The majority of Pakistan's mines, including Reko Diq, which houses one of the world's largest undeveloped deposits of copper and gold jointly owned by Barrick Gold and Pakistan, are located in the southwestern province.
Barrick Gold estimates Reko Dig has the potential to generate $74 billion in free cash flow over 37 years.
Ethnic Baloch separatists, who have long been running an insurgency in the region, oppose any foreign investment which they say is an attempt by Islamabad to solidify its hold through external players on their regional resources.
They have been fighting for decades for a greater share of local resources, but some of their armed groups now say they will not settle for anything less than a separate homeland.
One of the largest insurgent groups, the Baloch Liberation Army, claimed responsibility for the train hijacking, which resulted in the deaths of 23 soldiers, three railway employees and five passengers. At least 33 insurgents were also killed.
"We welcome international organisations to seek investment opportunities and partnership with us in the development of wider resources," Munir said.
Russia's Foreign Ministry spokesperson, Maria Zakharova, has accused Western countries of demanding a 30-day ceasefire to give Ukraine’s military a chance to regroup. Zakharova's remarks highlight the growing tension surrounding the ongoing war and the international calls for temporary peace in orde
Ukrainian President Volodymyr Zelenskiy has declared his readiness for direct peace talks with Russia in Turkey, describing Moscow’s lack of response as a “strange silence.” He emphasized the importance of former U.S. President Donald Trump’s support for the initiative.
President Recep Tayyip Erdogan stated that Türkiye is resolutely moving toward the goal of completely eliminating the terror problem from the national agenda, marking a significant milestone on the "Terror-Free Türkiye" path.
On May 12, the Baku Military Court resumed hearings in the case against Armenian citizens accused of war crimes and crimes against humanity during the 1993 occupation of Kalbajar.
On May 12, during an official visit to Bahrain, Azerbaijan’s Foreign Minister Jeyhun Bayramov held talks focused on strengthening parliamentary diplomacy and exchanging views on regional security issues.
Russia's Foreign Ministry spokesperson, Maria Zakharova, has accused Western countries of demanding a 30-day ceasefire to give Ukraine’s military a chance to regroup. Zakharova's remarks highlight the growing tension surrounding the ongoing war and the international calls for temporary peace in orde
Ukrainian President Volodymyr Zelenskiy has declared his readiness for direct peace talks with Russia in Turkey, describing Moscow’s lack of response as a “strange silence.” He emphasized the importance of former U.S. President Donald Trump’s support for the initiative.
President Recep Tayyip Erdogan stated that Türkiye is resolutely moving toward the goal of completely eliminating the terror problem from the national agenda, marking a significant milestone on the "Terror-Free Türkiye" path.
On May 12, the Baku Military Court resumed hearings in the case against Armenian citizens accused of war crimes and crimes against humanity during the 1993 occupation of Kalbajar.
On May 12, during an official visit to Bahrain, Azerbaijan’s Foreign Minister Jeyhun Bayramov held talks focused on strengthening parliamentary diplomacy and exchanging views on regional security issues.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
A Rafale fighter jet operated by the Indian Air Force has reportedly been shot down for the first time in combat, according to sources cited by CNN, marking a significant and symbolic development in the ongoing escalation between India and Pakistan.
Pope Leo XIV made a surprise visit to the Basilica of Our Lady of Good Counsel in Genazzano. AnewZ covered the event, with journalist Maria Rodriguez Abalde on-site. She witnessed the occasion firsthand and documented key moments. More images and footage will be available soon.
The three major Wall Street indexes surged sharply after the announcement of a 90-day tariff reduction agreement between the U.S. and China. The S&P 500 reached its highest levels since early March, boosting investor optimism.
Russia's Foreign Ministry spokesperson, Maria Zakharova, has accused Western countries of demanding a 30-day ceasefire to give Ukraine’s military a chance to regroup. Zakharova's remarks highlight the growing tension surrounding the ongoing war and the international calls for temporary peace in orde
Ukrainian President Volodymyr Zelenskiy has declared his readiness for direct peace talks with Russia in Turkey, describing Moscow’s lack of response as a “strange silence.” He emphasized the importance of former U.S. President Donald Trump’s support for the initiative.
Latin American leaders deepened ties with China at the China-CELAC Forum in Beijing, highlighting growing economic and strategic cooperation as global power dynamics shift and China expands its influence in the Global South.
A long-awaited reunion is underway as the Red Cross takes custody of Israeli-American Edan Alexander, paving the way for his return home after weeks in Hamas captivity.
Russia's Foreign Ministry spokesperson, Maria Zakharova, has accused Western countries of demanding a 30-day ceasefire to give Ukraine’s military a chance to regroup. Zakharova's remarks highlight the growing tension surrounding the ongoing war and the international calls for temporary peace in orde
Ukrainian President Volodymyr Zelenskiy has declared his readiness for direct peace talks with Russia in Turkey, describing Moscow’s lack of response as a “strange silence.” He emphasized the importance of former U.S. President Donald Trump’s support for the initiative.
President Recep Tayyip Erdogan stated that Türkiye is resolutely moving toward the goal of completely eliminating the terror problem from the national agenda, marking a significant milestone on the "Terror-Free Türkiye" path.
On May 12, the Baku Military Court resumed hearings in the case against Armenian citizens accused of war crimes and crimes against humanity during the 1993 occupation of Kalbajar.
On May 12, during an official visit to Bahrain, Azerbaijan’s Foreign Minister Jeyhun Bayramov held talks focused on strengthening parliamentary diplomacy and exchanging views on regional security issues.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment