Groundwork launched with diplomatic outreach for second minerals forum

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PETROLEUM Minister Ali Pervaiz Malik holds a meeting with Pakistan’s ambassadors and high commissioners.—APP
PETROLEUM Minister Ali Pervaiz Malik holds a meeting with Pakistan’s ambassadors and high commissioners.—APP

ISLAMABAD: Pakistan has begun soft global marketing of the 2nd Pakistan Minerals Investment Forum, 2026 (PMIF26), scheduled to be held here on April 8 and 9, according to an official announcement on Friday.

Petroleum Minister Ali Pervaiz Malik held a briefing session with Pakistan’s ambassadors and high commissioners posted in key foreign capitals to advance preparations and mobilise international participation for the event.

The meeting was conducted virtually with Pakistan’s missions abroad, while senior officials from the petroleum division and representatives of key public sector entities attended in person.

The session focused on aligning diplomatic outreach with national economic priorities and positioning PMIF26 as a premier global platform for investment in Pakistan’s mineral and mining sector, the petroleum division said.

PM approves national policy framework to reform gemstones sector

During the briefing, the minister explained the aims, scale, and strategic importance of PMIF26 as a forum representing a national economic priority.

He urged ambassadors and high commissioners to actively engage leading mining companies, institutional investors, financial institutions, and relevant government counterparts in their host countries to ensure broad-based and meaningful international participation.

“PMIF26 will serve as a key platform for promoting mining awareness, stimulating economic activity, and attracting sustainable investment into Pakistan’s mineral sector,” the minister said, adding that the forum would build on the “success of PMIF 2025” held last year.

He said the previous edition of the forum was organised in line with international standards and delivered tangible outcomes.

“The forum attracted participants from over 50 countries and more than 5,000 delegates, while the signing of 14 memorandums of understanding with globally recognised companies validated growing international confidence in Pakistan’s mineral sector,” he added.

PMIF 2026 is being planned as a strategic. technical conference — alongside an international gemstone exhibition — and a comprehensive resource library aimed at supporting informed as well as data-driven investment decisions.

APP adds: Meanwhile, Prime Minister Shehbaz Sharif on Friday gave in-principle approval to a national policy framework to reform the gemstones sector, align it with international standards, and create a conducive environment for foreign investment, state-run APP reported.

Chairing a high-level meeting on the country’s gemstone reserves, sectoral reforms, export enhancement, and adoption of modern technology, the prime minister directed strict adherence to timelines outlined in the policy framework this year.

He also instructed immediate steps to establish international-standard laboratories and certification systems.

PM Shehbaz ordered the establishment of two model centres of excellence for gemstones during the year and the engagement of internationally recognised experts to remove obstacles in policy implementation.

He noted that Pakistan’s gemstone exports remained negligible despite the country having immense reserves, and called for encouraging private companies, particularly young entrepreneurs, to invest in the sector.

Citing vast reserves of gemstones in Pakistan, he directed geological surveys to determine their location and value, ensuring full consultation with relevant institutions, provincial governments, and stakeholders.

The meeting was told that Pakistan’s gemstone reserves were valued at around $450 billion, while annual exports stood at just $5.8 million.

More than 5,000 companies are processing more than 30 types of precious stones in the country. Leading reserves in the country include those of emerald, peridot, ruby, topaz, and aquamarine.

The industries and production ministry has chalked out a comprehensive action plan identifying challenges and priority measures to achieve a $1bn export target over five years through reforms.

This year, the ministry will integrate the gemstone value chain into the national economy, promote local processing for value addition, adopt modern technology, launch private-sector training programmes, and introduce ‘Brand Pakistan’.

Published in Dawn, January 10th, 2026

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