Pakistan explores new avenues of cooperation with MENA economies

January 09, 2024 (MLN): The government is focusing on making Pakistani markets accessible to the MENA region by strengthening economic ties with MENA economies, creating the potential for collaboration in agriculture, textiles, engineering, and services, said a press release issued today.

Dr. Gohar Ejaz, Federal Minister for Commerce, engaged in discussions with Egypt's Minister of Commerce and Chief Guest of the fourth Pakistan-Africa Trade Development Conference (PATDC) & Single Country Exhibition (SCE).

Both parties recognized the mutual benefits that can arise from expanding economic and trade ties between Pakistan and Egypt.

The meeting, held in the presence of policymakers and business leaders from various countries, facilitated a convergence of diverse ideas and opinions, creating an enriching environment for meaningful discussions.

This event serves as a crucial platform aimed at fostering economic ties and exploring investment opportunities between Pakistan and Egypt.

The discussions underscored the commitment of both nations to deepening economic cooperation and leveraging each other's strengths in key sectors.

The commitment to strengthen economic ties with MENA economies aligns seamlessly with the Look Africa policy, emphasizing Pakistan's objective to unlock its economic and trade potential.

The focus is on facilitating investments and making markets more accessible, contributing to the broader goals of economic growth and cooperation.

The fourth PATDC & SCE not only serves as a platform for bilateral discussions but also as a catalyst for the exchange of ideas and strategies to enhance economic ties, it said.

The event sets the stage for further collaboration, paving the way for increased cooperation and mutual prosperity.

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