Pakistan, Rwanda set to deepen trade, investment ties
MG News | September 10, 2026 at 11:29 PM GMT+05:00
September 10, 2026 (MLN): Pakistan and Rwanda are set
to deepen bilateral economic ties through greater investment cooperation,
direct trade, stronger business-to-business engagement and closer institutional
coordination.
The development came during discussions between Federal
Minister for Board of Investment (BOI) Qaiser Ahmed Sheikh and Rwandan High
Commissioner to Pakistan H.E. Harerimana Fatou at the BOI, according to a
release issued on Thursday.
The two sides reviewed opportunities to expand bilateral
trade and investment, enhance private-sector linkages and identify new areas of
economic cooperation, according to APP.
The discussions also centered on the upcoming
Rwanda–Pakistan Investment Forum, scheduled to take place in Kigali from
September 23 to 25, 2026.
Harerimana invited Qaiser to participate in the forum, which
is expected to bring together government representatives, investors and
private-sector stakeholders from Pakistan and Rwanda.
She said the event was designated as an Investment Forum
following discussions with Pakistan's Ministry of Commerce, reflecting the
scale of available investment opportunities and the focus on private-sector
participation.
Rwanda expressed interest in Pakistani pharmaceuticals and
textiles, while rice, medical equipment and sports goods were identified as
products offering significant export potential in the Rwandan market.
The Rwandan High Commissioner said business relations
between the two countries had increased by more than 55% since she assumed her
diplomatic responsibilities in Pakistan, indicating further room for expansion.
The two sides also considered signing a Memorandum of
Understanding between relevant institutions and exploring a Bilateral
Investment Treaty in the future to strengthen the legal and institutional
framework for investment cooperation.
Direct tea trade was another key area discussed, with Rwanda
seeking to increase its tea exports to Pakistan without unnecessary
intermediaries. The country currently supplies tea to Pakistan, although a
significant share reaches the Pakistani market through Kenya.
A Rwandan delegation is expected to visit Pakistan in
October 2026 to engage with Karachi's tea industry and explore opportunities
for stronger direct commercial ties.
Logistical constraints linked to Rwanda's landlocked
position, along with banking, payment-transfer and intermediary-related
challenges, were also discussed.
The BOI assured support in addressing these issues and
proposed greater involvement of chambers of commerce, business associations and
private-sector stakeholders to develop practical solutions and establish
sustainable business linkages.
Pakistan also highlighted the broader potential of African
markets for local businesses, particularly in manufacturing, agriculture,
pharmaceuticals, textiles, healthcare, engineering and sports goods.
The discussions further covered educational and
institutional cooperation, including a proposed visit by the Rwandan High
Commissioner to FAST National University in Chiniot to explore academic
cooperation, student exchanges and other institutional linkages.
Both sides agreed that stronger institutional coordination,
direct private-sector interaction and regular engagement would be important to
unlock the potential of Pakistan-Rwanda economic relations.
The BOI reiterated its commitment to facilitating Rwandan
investors in Pakistan and Pakistani businesses seeking opportunities in Rwanda,
with the objective of developing sustainable and mutually beneficial economic
partnerships.
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