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US eyes critical minerals, hydrocarbons in fresh economic push with Pakistan

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US Secretary of State Marco Rubio marked Pakistan’s Independence Day on Thursday by signalling Washington’s interest in partnering with Islamabad on critical minerals and hydrocarbons.

In a statement released by the US Department of State, Secretary of State Marco Rubio extended greetings to the people of Pakistan on August 14th.

“The United States deeply appreciates Pakistan’s engagement on counterterrorism and trade,” Rubio said, adding that Washington looked forward to “exploring new areas of economic cooperation, including critical minerals and hydrocarbons, and fostering dynamic business partnerships which will promote a prosperous future for Americans and Pakistanis.”

Last month, Washington and Islamabad announced a trade agreement that Pakistan said would lower tariffs and attract fresh investment.

Pakistan's Commerce Minister Jam Kamal said the deal would open doors for U.S. firms to invest in mining projects—primarily in the resource-rich southwestern province of Balochistan—through joint ventures with local companies, offering incentives such as lease grants.

The United States and Pakistan held a fresh round of counterterrorism talks in Islamabad on Tuesday, with Washington noting it classifies the separatist Balochistan Liberation Army as a “foreign terrorist organization.”
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