Pakistan gaining global recognition, says finance advisor

MG News | August 04, 2025 at 05:10 PM GMT+05:00
August 4, 2025 (MLN): Expressing strong confidence in Pakistan’s growing global recognition, the Advisor to the Finance Minister stated on Monday that the country is witnessing rising investment prospects.
He added that positive economic indicators reflect
Pakistan’s improving global stature and strengthening ties with neighboring
countries.
In an exclusive conversation with a local news channel,
Advisor Khurram Schehzad praised Prime Minister Shahbaz Sharif’s economic
policies and their role in Pakistan’s economic revival.
He described the positive economic indicators as a testament
to the growing trust of countries in Pakistan, highlighting the strengthened
regional relationships as a significant benefit for the country’s future.
Khurram Shahzad further lauded the strengthening of Pak-Iran
relations, emphasizing the 13 Memorandums of Understanding (MOUs) signed across
sectors like tourism to culture.
He noted that these top-level commitments would bring
substantial benefits to Pakistan, fostering closer regional ties and driving
economic growth.
Shahzad emphasized that the top-level commitments between
Pakistan and Iran would accelerate cooperation, particularly in the oil and gas
sectors.
He highlighted that this convergence would create
significant opportunities to uplift border regions like Balochistan, driving
regional development and economic growth.
Khurram also praised Iran's impressive potential for
self-sufficiency, highlighting the opportunities for mutual growth between the
two nations.
He noted that Pakistan’s chemical fertilizers and
agricultural products could play a pivotal role in enhancing Iran's industrial
sector.
Shahzad emphasized that this collaboration would not only
benefit Iran's industries but also strengthen bilateral trade, creating a
win-win situation for both countries.
The synergy between Pakistan’s agricultural expertise and
Iran's industrial needs, he said, would drive economic progress in the
region.
He emphasized that the combination of enhanced security
measures and diplomatic efforts has created a stable environment of trust,
which is vital for economic growth.
Shahzad further highlighted that these developments, along
with improvements in internal conditions are driving regional cooperation and
boosting investor confidence.
To another question, Shahzad also highlighted US President
Trump’s growing investment interest in Pakistan as a significant development
for the country’s economy.
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