ISLAMABAD: The United States Export Import Bank is preparing a major investment of one hundred billion dollars to secure supply chains for critical minerals, nuclear energy and liquefied natural gas. The bank’s chair John Jovanovic revealed the plan in an interview with the Financial Times and highlighted that the initiative aims to protect the United States and its allies from growing vulnerabilities in global resource markets.
Jovanovic said that the first round of investment will support projects in Egypt, Pakistan and Europe. He stressed that the West has become overly dependent on materials sourced from regions that no longer offer fair or stable trading conditions. According to him, strong and reliable supply chains must be established before any broader economic or strategic goals can be achieved.
The EXIM chief explained that early financing packages will include a credit insurance guarantee worth four billion dollars for natural gas supplies to Egypt. The gas will be exported by New York based commodities company Hartree Partners. This support is meant to stabilise energy flows in one of the most important markets in the region.
Pakistan is also set to benefit from the new programme. Jovanovic confirmed that EXIM will extend a loan of one point two five billion dollars for the Reko Diq copper and gold project being developed by Barrick Mining. The investment will help advance one of Pakistan’s most significant mineral ventures and is expected to strengthen the country’s contribution to the global supply of essential raw materials.
Jovanovic noted that the bank still has one hundred billion dollars available out of the one hundred thirty five billion dollars authorised by the United States Congress. He added that the institution remains ready to deploy these funds in ways that enhance energy security and help diversify supply networks for allied nations.
The investment plan aligns closely with President Donald Trump’s energy dominance agenda. During his campaign he pledged to boost domestic energy production and has since worked to roll back environmental and regulatory barriers. The EXIM initiative is seen as a major step toward achieving that broader national strategy.
