Pakistan, Egypt propose trade MoU

July 24, 2025(MLN): Pakistan and Egypt have discussed strengthening bilateral trade ties, with a proposal to sign a Memorandum of Understanding (MoU) between the Ministry of Commerce of Pakistan and its Egyptian counterpart.

The proposal also includes the formation of an Egypt-Pakistan Business Council focusing on key sectors including spices, pharmaceuticals, surgical instruments, and food products.

Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, held a meeting with the Ambassador of Egypt to Pakistan to explore avenues for boosting trade between the two countries.

The Ambassador highlighted that despite representing a large share of the global Muslim population, trade volume between Pakistan and Egypt remains low, as per the press release issued.

He stressed the importance of enhancing trade relations and noted that he had met with chairmen of various chambers of commerce in Pakistan to identify collaboration opportunities.

To facilitate trade, the Ambassador proposed the establishment of a Preferential Trade Agreement (PTA) between the two countries.

Additionally, he suggested institutionalizing cooperation through an MoU between the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and its Egyptian counterpart.

The Coordinator to the Prime Minister on Commerce assured that the Ministry of Commerce would fully support these initiatives and take steps to strengthen trade linkages between Pakistan and Egypt.

The meeting reaffirmed the Ministry’s commitment to enhancing bilateral trade and creating an enabling environment for exporters and investors from both countries.

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