The Trump administration has approved USD 1.25 billion in US Export-Import (EXIM) Bank financing for Pakistan’s Reko Diq copper-gold mine in restive Balochistan, the mineral-rich but poor province hit by militancy and insurgencies.

In a video message posted on X Wednesday, US Charge d’Affaires in Islamabad Natalie Baker said that EXIM Bank would invest up to USD 2 billion in Pakistan to support the mining sector.

“I’m pleased to highlight the US Export-Import Bank recently approved financing of USD 1.25 billion to support the mining of critical minerals at Reko Diq in Pakistan,” Baker said, sharing details of the planned investment.

“In the coming year, EXIM’s project financing will bring in up to $2 billion in high-quality US mining equipment and services needed to build and operate th

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