Pakistan, Sweden discuss strengthening economic ties

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MG News | August 18, 2025 at 05:42 PM GMT+05:00

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August 18, 2025 (MLN): Pakistan and Sweden set to explore new avenues for economic cooperation, focusing on trade enhancement, investment opportunities, and collaboration in sectors such as textiles, IT, mining, renewable energy, and skill development.

Both countries emphasized the potential for Swedish companies to benefit from Pakistan’s growing industrial and export capabilities, while also addressing compliance reforms and climate change challenges.

The discussions took place during a meeting between Federal Minister for Commerce Jam Kamal Khan and the Ambassador of Sweden to Pakistan, H.E. Alexandra Berg von Linde.

The Ambassador expressed condolences over recent losses caused by heavy rains and cloudbursts, and the minister highlighted Pakistan’s commitment to addressing climate-related challenges.

Minister Jam Kamal Khan outlined Pakistan’s potential in textiles, readymade garments, IT and technical education, surgical goods, and sports equipment, while proposing seminars through the National Compliance Centre (NCC) to educate foreign companies on compliance processes.

The Swedish Ambassador recognized Pakistan’s strong textile exports and noted growing interest from Swedish small and medium-sized enterprises, with a business delegation expected to visit Karachi soon.

Both sides also discussed opportunities in mining, renewable energy, green technologies, vocational training, and healthcare, highlighting Pakistan’s skilled workforce.

The minister encouraged further Swedish investment in sustainable manufacturing, IT, and infrastructure and invited participation in upcoming trade events such as FoodAg 2025.

Reaffirming commitment to deepening political, economic, and people-to-people ties, both countries agreed that there is immense untapped potential for bilateral cooperation.

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