Pakistan has entered into a memorandum of understanding (MOU) with the United States to facilitate the refinement of critical minerals within the country. This initiative is a response to escalating geopolitical tensions between the US and China, with both nations vying for dominance in rare earth supply chains. The US is investing heavily in bolstering Pakistan’s domestic capabilities to reduce reliance on Chinese imports. The MOU aims to enhance mineral processing techniques, potentially contributing to Pakistan’s economic diversification. The long-term implications of this collaboration remain unclear, with potential benefits and risks for Pakistan’s strategic autonomy and international relations.
Credits: News – South China Morning Post
