Pakistan proposes US-backed port deal to unlock mineral wealth: report


Advisers to Pakistani army chief Field Marshal Asim Munir have approached US officials with an offer to build and run a port on the Arabian Sea, the Financial Times reported on Friday, citing a plan seen by the newspaper.

The plan envisages American investors building and operating a terminal to access Pakistan’s critical minerals in the town of Pasni, according to the paper.

Pasni is a port town in Gwadar District in the province of Balochistan, which borders Afghanistan and Iran.

View of a beach in the port town of Pasni in Gwadar District, Balochistan, Pakistan. Photo: Handout
View of a beach in the port town of Pasni in Gwadar District, Balochistan, Pakistan. Photo: Handout

The move comes after Munir, along with Pakistan’s Prime Minister Shehbaz Sharif, held a meeting with US President Donald Trump at the White House in September. In that meeting, Sharif sought investment from US companies in the agriculture, technology, mining and energy for investment.

According to the report, the offer was floated with some US officials, and was shared with Munir ahead of a meeting with Trump in the White House late last month.

The blueprint excludes the use of the port for US military bases, and instead aims to attract development finance for a rail network linking the port to mineral-rich western provinces, the report added.

Pakistan Prime Minister Muhammad Shehbaz Sharif (left) and General Syed Asim Munir wait for their meeting with US President Donald Trump at the White House last month. Photo: AP
Pakistan Prime Minister Muhammad Shehbaz Sharif (left) and General Syed Asim Munir wait for their meeting with US President Donald Trump at the White House last month. Photo: AP

Reuters could not immediately verify the report.



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