Islamabad:
Federal Energy Minister Ali Pervaiz Malik is leading the Pakistani delegation to the International Economic Forum of St. Petroupoli (SPIEF) 2025 from June 18-21, 2025.
According to an official statement issued on Thursday, Malik held key meetings on the sidelines of the forum, including one with his Russian counterpart, Sergei Chivilf, who is also chaired by the Pakistani-Russia Intergovernmental Committee (IGC). Both sides discussed ways to cooperate with energy, connectivity, trade, investment, banking, fuses, mining and exchanges with people.
Russia expressed strong interest in expanding bilateral cooperation and welcomed the upcoming 10th IGC session, scheduled for the second quarter of 2025 in Islamabad.
Malik also met with Alexey Shemetov, the first deputy director of the Rosatom minerals, and called on the company to invest in Pakistan’s mining sector, in particular the transfer of technology and to exchange expertise to enhance security and efficiency. Shemetov agreed to investigate investment opportunities and submit proposals for cooperation in the Pakistani mining.
In a high -level debate entitled “The responsibility of global leaders for mineral reserves and production for the sustainable development of the global economy”, he presented Pakistan’s recent reforms in the creation of an investment sector for the Spief 2025 environment.
He underlined the successful Pakistani mineral investment forum, held in Islamabad in April 2025 as a turning point for the sector.
“Under the leadership of Prime Minister Muhammad Shehbaz Sharif, Pakistan has undertaken comprehensive reforms to become a leading destination for mining investment,” Malik said. “Our new policy offers unparalleled opportunities in copper, gold and critical minerals, while ensuring the environmental management and benefits of the community.”
He added that Pakistan has harmonized its legal framework with international standards through consultations with global legal enterprises. These reforms, they said, will unlock huge mineral resources through responsible development. Pakistan’s metal wealth, he added, is not limited to copper or gold, but there are huge reserves of lithium and other rare earth elements.
The minister noted that these initiatives were successfully presented at the Pakistani 2025 Forum Investment Forum, which saw strong participation by world mining leaders. He returned an official invitation to international investors to participate in the next issue of the Pakistan Mineral Investment forum.
Many international mining companies have expressed a strong interest in participating in the Pakistani mineral forum. Positive commitment reflects increasing confidence in the reformed Pakistani mining landscape.
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