International interest in Pakistan’s abundant copper reserves is growing, with the United States expressing a desire to invest in the sector, according to a report submitted by the Ministry of Commerce to the National Assembly.

According to the report, Pakistan is rich in natural copper reserves, ranking fifth globally in terms of copper deposits. The Ministry of Commerce mentioned that, while Pakistan currently exports certain copper-based metals to China, there is expected growth in the sector’s international markets in the future.

The report also highlighted that the US has shown interest in investing in the copper sector.

As part of recent measures, the United States has imposed tariffs of up to 50% on imports of metals like copper, iron, steel, and aluminum.

However, the “refined copper” has been exempted from these tariffs.

Experts believe that if Pakistan improves its refining capacity and exports copper in its finished form, it could not only boost foreign exchange reserves but also open new doors for employment and technology transfer within the copper sector.

The Ministry of Commerce has termed this opportunity as a “golden chance” for Pakistan, stating that effectively attracting international investment could turn the country’s mining sector into a new economic powerhouse.