ISLAMABAD: Around 10 Pakistani gems and minerals companies are showcasing their specimens at the ongoing China Nanjing (International) Mineral, Gemstone & Fossil Expo to prospective buyers, state-run media reported this week.
The third edition of the expo, which is being held from May 15-19 in the Chinese city of Nanjing, has attracted over 500 exhibitors from more than 50 countries, state-run Associated Press of Pakistan (APP) said in a report on Saturday. Various companies from around the world have displayed minerals, gemstones, fossils, and meteorites at the exhibition.
“Pakistani exhibitors are presenting a dazzling array of emeralds, tourmalines, topaz, morganite, quartz, aquamarine, pyrite, marble and onyx specimens from regions such as Gilgit Baltistan, Balochistan, and Khyber Pakhtunkhwa,” APP reported.
It cited a report from Chinese business news website China Economic Net as saying that Pakistani specimens have attracted “significant interest” from international buyers and collectors at the expo.
Pakistan has significant gemstone reserves, particularly in its northern and northwestern regions, which include a variety of high-quality stones such as peridot, aquamarine, topaz, ruby, and emerald.
There are 18 types of gemstones in Pakistan for which 178 major mining licenses have been issued.
“Pakistan possesses extraordinary geological treasures, and our trade ties with China are expanding beyond gemstones to industrial minerals,” Ghulam Mustafa, an exhibitor representing the Fine Art Minerals company, told APP.
“The response to our display has been phenomenal. Visitors are truly impressed by Pakistan’s natural wealth,” he added.
Muhammad Sadiq from Fine Nagar Gems and Minerals company returned to this year’s exhibition with a larger collection of specimens.
“Last year feedback was incredibly positive and we are very optimistic about this year sales and orders,” Sadiq said.
Pakistan hosted an international minerals summit in Islamabad last month. The summit aimed to attract foreign investment in the country’s mining sector, seeing participation from major international companies including Canada-based Barrick Gold and government officials from the United States, Saudi Arabia, China, Turkiye, the United Kingdom, Azerbaijan and other nations.
Islamabad hopes it can export its precious gemstones and minerals as it eyes sustainable economic growth driven largely by exports.