CWEIC invites Pakistan as strategic partner

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MG News | May 21, 2026 at 05:29 PM GMT+05:00

May 21, 2026 (MLN): Pakistan has received a formal invitation to join the Commonwealth Enterprise and Investment Council (CWEIC) as a Strategic Partner, a move that would grant the country expanded access to a vast Commonwealth-wide network spanning trade, investment and business collaboration across emerging and fast-growing markets.

The invitation came through a letter of appreciation addressed to Federal Minister for Board of Investment Qaiser Ahmed Sheikh from Lord Marland of Odstock, CWEIC Chairman, following the Minister's participation in the Commonwealth Trade and Investment Summit held recently in London, APP reported.

Lord Marland commended the Minister's contribution to Summit discussions and acknowledged Pakistan's growing role within the Commonwealth business community.

The letter outlined Pakistan's economic strengths  including its large domestic market, globally connected diaspora, entrepreneurial ecosystem and competitive sectors such as textiles, pharmaceuticals, agribusiness, technology, financial services and manufacturing  as key reasons for deepening engagement.

Beyond the strategic partnership, CWEIC expressed interest in opening a Hub Office in Pakistan to promote inward investment, help Pakistani businesses access new export markets and strengthen institutional ties. The Council also floated the possibility of hosting a Commonwealth Investment Summit in Pakistan to showcase the country's investment potential and attract global business leaders.

Minister Qaiser Ahmed Sheikh welcomed the recognition, reiterating that under Prime Minister Muhammad Shehbaz Sharif's leadership, Pakistan is actively building an investment-friendly policy environment and broadening its international economic partnerships.

The Board of Investment said it remains committed to working with CWEIC and other global partners to facilitate investment, promote priority sectors and establish Pakistan as a competitive and reliable destination for international business.

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