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Post: SIFC Facilitates Pak-China Rock Salt Sector Agreement

Islamabad: The effective facilitation of the Special Investment Facilitation Council has opened new prospects for global cooperation and value addition in Pakistan’s mineral sector. In this connection, Pak Salt Corporation and China National Salt Industry Group have signed an agreement for long-term cooperation in the rock salt sector.

According to Radio Pakistan, under the agreement, cooperation will be promoted in mining, processing, value addition, and access to global markets for finished products. The agreement aims to make Pakistan’s vast rock salt deposits part of an organized global supply chain and increase Pakistani salt’s access to global markets.

The Ministry of Energy (Petroleum Division) extended key support in the finalization of the agreement. Pak Salt Corporation is the first Pakistani platform that combines U.S. and Chinese expertise, technology, and investment.

The SIFC has played a significant role in bringing Chinese and Pakistani institutions onto one platform to further strengthen the partnership.

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