Pakistan, Bangladesh end talks with trade, investment MoU

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MG News | August 25, 2025 at 02:58 PM GMT+05:00

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August 25, 2025 (MLN): Pakistan and Bangladesh have signed a Memorandum of Understanding (MoU) for the establishment of a Joint Working Group on Trade, aimed at enhancing bilateral trade and investment.

The MoU was finalized during Federal Minister for Commerce Jam Kamal Khan’s four-day visit to Bangladesh.

The agreement will link commerce officials of both countries, enabling them to synchronize measures to strengthen economic relations.

During his visit, the minister held meetings with the Adviser for Industries, Adviser for Food, and Adviser for Commerce.

He also visited the Chambers of Commerce and Industries, a ship-breaking facility, and a pharmaceutical plant to explore sectoral collaboration opportunities, as per the press release issued today.

The minister further engaged with Bangladeshi economic and commercial officials, including the Executive Chairman of the Bangladesh Investment Development Authority.

He also held meetings with officials from the National Board of Revenue, Bangladesh Bank, Trading Corporation of Bangladesh, the Ministry of Civil Aviation, and the Trade and Tariff Commission.

The interactions with government representatives and the business community highlighted a shared interest in expanding economic ties, with the MoU marking a step forward in strengthening cooperation between the two nations.

To note, Federal Minister for Commerce Jam Kamal Khan visited Square Pharmaceuticals’ management, toured facilities, and discussed expanding cooperation in the pharmaceutical sector.

Pakistan and Bangladesh signed a landmark visa-free travel deal for diplomats, agreed to revive the Joint Economic Commission after nearly two decades, and formed new trade bodies to boost bilateral trade, investments, and cooperation.

Both sides also expressed satisfaction over Pakistan’s rice delivery under the 2025 MoU, highlighting it as a step toward regular exchanges.

In addition, Pakistan and Bangladesh agreed to revive their Joint Economic Commission after nearly two decades, reaching agreements to boost bilateral trade, investments, and cooperation.

Both sides welcomed the successful 50,000 metric tons rice delivery under the 2025 MoU, announced a Joint Working Group on Trade and a Joint Trade Commission, and discussed collaboration across agriculture, energy, industry, and food processing.

Pakistan also invited Bangladesh to the FoodAg Exhibition 2025 in Karachi, with both countries stressing trade facilitation, tariff reduction, and stronger regional economic integration.

Moreover, Pakistan and Bangladesh signed a historic agreement allowing visa-free travel for diplomats and officials for five years, marking a major diplomatic milestone.

During discussions in Dhaka, Commerce Minister Jam Kamal Khan and Adviser for Industries Adilur Rahman Khan agreed to enhance trade and industrial cooperation.

The minister also urged Bangladeshi traders to import cement, sugar, footwear, and leather products from Pakistan.

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