Pakistan, China launch e-mining platform, sign several MoUs
Amid a global race for critical minerals and rare earths, Pakistan on Wednesday reaffirmed China's central role in transforming its mineral sector beyond extraction to unleash the potential of around $8 trillion of estimated resources, as the two sides signed a series of memoranda of understanding (MoUs) at the Pak-China Mineral Cooperation Forum.
At the daylong session, the two sides launched the 'Pak-China E-Mining Platform', a digital initiative aimed at improving information sharing, project connectivity and cooperation between Pakistani authorities and Chinese enterprises and to enhance transparency, efficiency and collaboration in the development of the mineral sector.
The forum also led to the signing of MoUs, among which was an accord for 'A Framework for Cooperation to Explore Opportunities in Digital Cross-Border Industrial Trade', signed between Wah Nobel (Pvt) Limited and MCCT International, as well as between JW Corporation and MCCT International.
In addition, an MoU for cooperation in Pakistan's mineral sector was also signed among the Pakistan Mineral Development Corporation (PMDC), POWERCHINA International and Pak China Investment Company Limited, focusing on investment facilitation, technical cooperation and joint development initiatives.
Source: Dawn
