BEIJING, May 21, 2026:Pakistan’s Pak Salt Corporation (Private) Limited (PSC), a strategic joint venture between Pakistan Mineral Development Corporation and Miracle Salt Development Corporation, on Wednesday signed a Strategic Cooperation Framework Agreement with China National Salt Industry Group to strengthen long-term collaboration across Pakistan’s rock salt sector. The agreement was signed at the Embassy of Pakistan in Beijing in the presence of Khalil Hashmi. The engagement was facilitated under the …
Pak Salt Corporation signs strategic cooperation framework with China’s CNSIG to develop rock salt value chain
BEIJING, May 21, 2026:Pakistan’s Pak Salt Corporation (Private) Limited (PSC), a strategic joint venture between Pakistan Mineral Development Corporation and Miracle Salt Development Corporation, on Wednesday signed a Strategic Cooperation Framework Agreement with China National Salt Industry Group to strengthen long-term collaboration across Pakistan’s rock salt sector.
The agreement was signed at the Embassy of Pakistan in Beijing in the presence of Khalil Hashmi.
The engagement was facilitated under the umbrella of Special Investment Facilitation Council (SIFC), which played a key role in advancing the initiative and bringing the parties together.
According to details shared at the signing ceremony, the agreement establishes a long-term cooperation framework between Pakistan’s salt-sector joint venture and China’s leading state-owned salt enterprise, covering the complete value chain of Pakistan’s rock salt resources — including exploration, mining, processing, value addition and international distribution of finished products.
Officials described the signing as an important procedural milestone within a broader multi-phase strategic partnership designed to expand cooperation over the coming decades.
The framework aims to support the structured commercialization of Pakistan’s extensive rock salt reserves and strengthen the country’s integration into organized global supply chains. Through institutional, technical and commercial collaboration, the agreement is expected to promote value addition within Pakistan, expand domestic processing capabilities and support international marketing of Pakistan-origin salt products in major consumer and industrial markets.
A notable feature of the initiative is that Pak Salt Corporation has been structured as a first-of-its-kind platform in Pakistan bringing together American and Chinese institutional capabilities, technology, supply-chain infrastructure and investment within a single operational model.
The project is being presented as reflecting Pakistan’s broader investment and economic engagement approach by facilitating participation from both Chinese and Western partners under one framework while positioning Pakistan as a platform for international capital and industrial cooperation.
Pak Salt Corporation also acknowledged the support and facilitation provided by SIFC, the Embassy of Pakistan in China, the Ministry of Foreign Affairs and relevant government institutions in advancing the partnership.
The detailed operational and commercial terms of the agreement remain confidential between the parties.
