Pakistan, Qatar economic cooperation strengthened

News Image

MG News | March 12, 2026 at 01:08 PM GMT+05:00

0:00

March 12, 2026 (MLN): Pakistan and Qatar have agreed to expand economic cooperation, enhance food security coordination, and explore new investment opportunities, according to a statement issued on Thursday.

Federal Minister for Commerce, Jam Kamal Khan, and Dr. Ahmad bin Mohammed Al-Sayed, Minister of State for Foreign Trade Affairs of the State of Qatar, emphasized the positive trajectory of Pakistan Qatar relations and stressed the importance of boosting bilateral economic engagement.

The Qatari minister highlighted the need to encourage greater interaction between the business communities of both countries to strengthen trade ties, as reported by APP.

A major focus of the discussion was increasing Pakistan’s exports of rice and other food products to Qatar. Dr. Al-Sayed noted that rice remains a crucial element of Qatar’s national food strategy and food security program, expressing interest in sourcing more from Pakistan.

Minister Jam Kamal Khan assured that Pakistan is implementing mechanisms to keep exporters competitive while meeting the pricing and supply requirements of the Qatari market.

Both sides agreed that relevant departments will coordinate closely to facilitate direct engagement between Pakistani exporters and Qatari importers.

The two countries also explored investment opportunities in Pakistan, particularly in infrastructure, logistics, and energy projects. Initiatives such as the Karachi port expansion were identified as potential areas for collaboration.

The Qatari side welcomed Pakistan’s proposals and confirmed that authorities, including the Qatar Investment Authority (QIA), will review them.

Minister Jam Kamal Khan also highlighted Pakistan’s concern over regional developments and conveyed solidarity with the leadership and people of Qatar.

He emphasized support for diplomatic efforts aimed at de-escalation and regional stability, noting the Prime Minister’s active engagement with regional partners to promote constructive dialogue.

Both ministers agreed to reactivate the Pakistan–Qatar Joint Task Force to accelerate progress on economic cooperation and investment initiatives.

The task force will hold a virtual meeting soon to review proposals, strengthen coordination, and facilitate greater private sector participation.

The development concludes with both sides reaffirming their commitment to deepen bilateral cooperation and investment, while exchanging greetings for the remaining days of Ramazan and the upcoming blessed nights.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 154,421.43
202.93M
-0.92%
-1437.05
ALLSHR 92,487.78
401.80M
-0.96%
-898.05
KSE30 47,322.74
112.52M
-1.11%
-528.79
KMI30 221,927.00
101.40M
-0.80%
-1792.09
KMIALLSHR 59,889.41
199.88M
-1.08%
-652.12
BKTi 44,127.70
34.85M
-1.99%
-894.82
OGTi 31,715.42
8.74M
-2.31%
-748.93
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 69,875.00 71,145.00
69,345.00
-950.00
-1.34%
BRENT CRUDE 97.93 101.59
95.20
5.95
6.47%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-10.20
-9.31%
ROTTERDAM COAL MONTHLY 121.50 0.00
0.00
0.10
0.08%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 92.69 95.97
88.61
5.44
6.24%
SUGAR #11 WORLD 14.24 14.43
14.24
-0.01
-0.07%

Chart of the Day


Latest News
March 12, 2026 at 02:53 PM GMT+05:00

Gold price in Pakistan falls Rs2,900 per tola


March 12, 2026 at 02:15 PM GMT+05:00

Weekly SPI increases by 1.89%


March 12, 2026 at 02:09 PM GMT+05:00

PSX Closing Bell: A Slip Down the Ladder


March 12, 2026 at 01:48 PM GMT+05:00

RDA attracts $242m in February



Top 5 things to watch in this week

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