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Important minerals found in Pakistan are gypsum, limestone, chromites, iron ore, rock salt, silver, gold, precious stones, gems, marble, copper, coal, graphite, sulphur, fire clay, silica. The salt range in Punjab Province has large deposits of pure salt. Balochistan province is a mineral rich area having sub-stantial mineral, oil and gas reserves which have not been exploited to their full capacity. The province has significant quantities of copper, chromite and iron, and pockets of antimony and zinc in the south and gold in the far west. Natural gas was discovered near Sui in 1952, and the province has been gradually developing its oil and gas projects over the past fifty years. [4]
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United States maintained a lukewarm relationship until the 1970s. In 1971, Pakistan was involved in a bloody civil war which led to Indian intervention and the breaking away of East Pakistan, now Bangladesh. China supported Pakistan and did not accept the new nation of Bangladesh for over 3 years, even though in 1973 Pakistan itself had. The US also did not accept Bangladesh in favor of Pakistan until after the Shimla Accord.
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According to many sources, the government has made substantial inroads in macroeconomic reform since 2000, and medium-term prospects for job creation and poverty reduction are the best in nearly a decade. Islamabad has raised development spending from about 2% of GDP in the 1990s to 4% in 2003, a necessary step towards reversing the broad underdevelopment of its social sector.