Pakistan, Kazakhstan set to boost trade and regional connectivity

News Image

MG News | September 09, 2025 at 05:03 PM GMT+05:00

0:00

September 09, 2025 (MLN): Pakistan and Kazakhstan have agreed to elevate their relationship into a comprehensive economic partnership, focusing on deeper trade, industrial cooperation, and enhanced regional connectivity.

The understanding was reached during a meeting in Islamabad between Federal Minister for Commerce Jam Kamal Khan and Kazakhstan’s Minister of Trade & Integration Arman Shakkaliyev.

Both sides emphasized the need to unlock their true trade potential, noting that current bilateral trade remains far below expectations but could be raised to USD 1 billion in the near future.

Agriculture, leather, SMEs, and IT were identified as key sectors for collaboration, with Kazakhstan offering its strong export base in grain, beet, and sunflower oil, while Pakistan extended expertise in leather processing through technology transfer and joint ventures.

A milestone in this partnership will be the upcoming signing of the Pakistan–Kazakhstan Transit Trade Agreement, aimed at boosting regional connectivity and facilitating trade flows between Central Asia and South Asia.

The ministers also agreed to strengthen business-to-business engagement through forums, exhibitions, and trade missions, building on recent initiatives such as the Pak–Kazakhstan Business Forum and the Globe Pakistan Summit.

Reviewing progress under the 13th Session of the Pakistan–Kazakhstan Intergovernmental Commission, the two sides reaffirmed their shared commitment to expand cooperation in agriculture, industry, logistics, and digital trade.

Minister Jam Kamal Khan stressed Pakistan’s readiness to facilitate Central Asian trade through its ports and transport networks, emphasizing that collective action and connectivity are vital for regional prosperity.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 150,398.71
270.15M
-1.06%
-1612.55
ALLSHR 90,084.08
469.39M
-0.93%
-849.88
KSE30 45,453.36
99.47M
-1.14%
-522.50
KMI30 218,271.12
195.05M
-0.92%
-2019.44
KMIALLSHR 58,965.48
294.49M
-0.81%
-483.69
BKTi 41,775.34
33.94M
-0.76%
-317.96
OGTi 31,328.42
11.96M
-0.61%
-192.61
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,165.00 67,625.00
66,480.00
-15.00
-0.02%
BRENT CRUDE 109.24 109.74
99.08
8.08
7.99%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00
6.40
6.03%
ROTTERDAM COAL MONTHLY 113.00 114.50
113.00
-0.40
-0.35%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 112.06 113.97
97.50
11.94
11.93%
SUGAR #11 WORLD 14.96 15.50
14.91
-0.33
-2.16%

Chart of the Day


Latest News
April 03, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: Bears Tighten Their Grip


April 03, 2026 at 03:54 PM GMT+05:00

PKR remains flat against USD


April 03, 2026 at 03:51 PM GMT+05:00

Pakistan accelerates digital economy push after 5G auction


April 03, 2026 at 03:38 PM GMT+05:00

Pakistan gains investor spotlight amid SIFC push



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg