Islamabad, Dec. 10 -- The United States on Wednesday announced a significant investment aimed at boosting mining activity in Pakistan's Balochistan province, with the US Export-Import Bank (EXIM) approving USD 1.25 billion in financing to support the development of the Reko Diq critical minerals project.

Sharing a video on X, Charge d'Affaires ad interim at the US Embassy in Islamabad, Natalie A. Baker said that the US administration has made such deals central to American diplomacy.

"I'm pleased to highlight that 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," said Natalie Baker.

She added that EXIM's financing, over the coming years, will e...