Pakistan, Cambodia seek to unlock mutual trade potential
MG News | February 10, 2026 at 05:17 PM GMT+05:00
February 10, 2026 (MLN): Pakistan and Cambodia are
looking to expand economic cooperation and unlock greater trade and investment
opportunities aimed at shared growth and social prosperity.
Both sides emphasized the importance of strengthening
commercial ties, improving private-sector collaboration, and building long-term
economic partnerships that can benefit businesses and citizens in the two
countries.
During a joint visit to the Federation of Pakistan Chambers
of Commerce and Industry (FPCCI), Pakistan’s Commerce Minister Jam Kamal Khan
and Cambodia’s Commerce Minister Cham Nimul engaged with members of the
business community, APP reported.
The event, hosted by FPCCI, was organized to encourage
bilateral trade, investment flows, and direct private-sector connections
between the two nations.
Addressing participants, the Pakistani minister praised the
resilience of local businesses despite challenges such as inflationary
pressure, high borrowing costs, and currency fluctuations.
He noted that Pakistan’s immediate priority is to achieve
sustainable economic growth by improving competitiveness, increasing investment
levels, and creating more fiscal room for development. He added that the
upcoming federal budget would play a vital role in lowering business costs and
simplifying regulatory procedures.
He also highlighted Pakistan’s evolving trade diplomacy
approach, explaining that official government engagements are now being
combined with structured business-to-business meetings and sector-specific
matchmaking.
These efforts, he said, have recently resulted in dozens of
commercial agreements. Pointing to investment opportunities, he identified
sectors such as naphtha cracking, steel, pharmaceutical raw materials,
refining, and mineral processing as areas where foreign partners could play a
key role.
The government, he added, is preparing a comprehensive
investment portfolio and an upcoming MDI initiative to attract investors from
regions including the Gulf, China, and the United States. He further described
Pakistan’s geographic position as an advantage for regional connectivity,
particularly with Central Asia, and cited potential cooperation in textiles
where Cambodia imports yarn and Pakistan has strong spinning capacity.
Cham Nimul, in her remarks, thanked Pakistani authorities
and FPCCI for their hospitality during her delegation’s first official visit,
describing Pakistan’s recent economic journey as a story of determination and
recovery.
She said Cambodia is reviewing internal reforms to improve
coordination among its business associations and expressed interest in closer
chamber-to-chamber partnerships, including interim mechanisms that can support
business engagement even before full diplomatic missions are established.
She observed that Pakistan’s textile industry is vertically
integrated from spinning and yarn production to fabric manufacturing while
Cambodia has greater strength in downstream garment segments, creating room for
complementary partnerships.
She also noted that pharmaceuticals and medical equipment
form a significant share of Cambodia’s imports from Pakistan and suggested
exploring facilitation measures, including the possibility of a dedicated
arrangement or zone to encourage Pakistani pharmaceutical investment and
operations.
According to her, Cambodia could serve as an entry point for
Pakistani companies seeking access to ASEAN and RCEP markets, stressing that
cooperation should remain mutually beneficial and supported through
government-to-government, business-to-business, and public-private
collaboration.
FPCCI President Atif Ikram Sheikh, speaking at the event,
highlighted the untapped potential in bilateral relations, particularly in
agriculture, rice, food processing, textiles, pharmaceuticals, light
engineering, tourism, and logistics.
He reaffirmed FPCCI’s commitment to supporting business linkages, organizing exhibitions, facilitating investment matchmaking, and ensuring consistent follow-up with stakeholders to increase trade volumes and broaden market access between the two countries.
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