Islamabad, January 9, 2026 – Prime Minister Shehbaz Sharif on Friday granted in-principle approval to the National Policy Framework aimed at reforming Pakistan’s gemstone sector, aligning it with international standards, and creating an investor-friendly environment for both local and foreign stakeholders.
Chairing a high-level meeting on the country’s gemstone reserves, sectoral reforms, export promotion, and technology adoption, the prime minister emphasized strict adherence to the policy’s implementation timeline for 2026.
Highlighting Pakistan’s vast gemstone reserves, valued at approximately $450 billion, PM Shehbaz instructed the Geological Survey of Pakistan to map the geography and estimate the value of these reserves in consultation with provincial governments and relevant stakeholders. He also directed the immediate establishment of international-standard laboratories and certification systems to ensure quality compliance for exports.
To boost sector growth, the prime minister approved the creation of two model Centers of Excellence and the engagement of internationally recognized experts to overcome implementation challenges. He emphasized that Pakistan’s gemstone exports, currently only $5.8 million annually, remain negligible compared to its potential and called for promoting private sector investment, especially by young entrepreneurs.
The government aims to curb smuggling, promote legal exports, and attract billions in foreign exchange by leveraging the globally recognized quality of Pakistan’s precious stones, including emerald, ruby, peridot, topaz, and aquamarine.
The Ministry of Industries and Production presented a detailed action plan focusing on value addition, modern technology adoption, Brand Pakistan promotion, training programs, and integration of the gemstone sector into the national economy. The framework also proposes an international certification regime, National Warranty Office, dedicated gemstone authority, and comprehensive geological mapping.
Federal Ministers Azam Nazir Tarar, Ali Pervaiz Malik, Minister of State Bilal Azhar Kayani, Special Assistant Haroon Akhtar, and senior officials participated in the meeting, reviewing strategies to achieve a $1 billion gemstone export target within five years.
This landmark policy positions Pakistan to fully exploit its gemstone reserves, attract foreign investment, and enhance the country’s export earnings.