Pakistani Army Chief Field Marshal Aseem Munir has revealed an ambitious plan to bring the country’s decaying economy back on track. The center of this scheme is a store of ‘rare earth’ minerals with Pakistan. He has spoken of strengthening the country’s treasury by carrying forward the raco dik mining project.
US interest and try to reduce dependence on China
Munir’s statement came at a time when American officials are also showing interest in Pakistan’s mineral reserves. These minerals are very important for important areas such as electronics and defense. The US is trying to reduce its dependence on China and eliminate Beijing’s supremacy in the supply chain of rare soil minerals.
Munir said these things in a column published in the Jio Group of Pakistan on Saturday, written by the author Suhail Vairaich. Varaich claims that Field Marshal personally gave him this information in a meeting in Belgium’s Brussels recently. According to the column, Munir said, ‘Pakistan has a treasure of rare soil. This treasure will also reduce Pakistan’s debt and soon Pakistan will be counted among the richest societies in the world.
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Changes in America-Pakistan relations
Recently, US President Donald Trump is getting closer to Pakistan after tension in business relations with India. According to a report by ‘Washington Post’, Trump’s new interest in Pakistan is ‘more than oil from oil and rare soil elements.’ This change is happening when the US has imposed a 50% tariff on Indian goods, which has shocked the Indo-US relations.
Munir also spoke on this new equation in his statement. He assured to ‘offer a friend for a friend’, which indicates a balance with America.
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Old claim of ‘huge oil reserves’
It is worth noting that this claim about Pakistan’s ‘mineral treasure’ is not new. In 2019, the then Prime Minister Imran Khan claimed to have found a ‘huge oil store’ in the country, which later proved to be wrong. At that time the claim was rejected by the Petroleum Department.