Pakistan, Egypt agree to strengthen economic ties

Federal Minister for Commerce Jam Kamal Khan held a meeting with Egypt's Minister of Investment & Foreign Trade Hassan El Khatib on the sidelines of the D-8 Trade Ministers Council. Their discussion focused on expanding bilateral economic cooperation, exploring sector-specific opportunities and creating structured mechanisms for enhanced private-sector engagement between the two countries.

Jam Kamal appreciated the remarkable development and infrastructure transformation in Cairo, noting that the recent political goodwill between Pakistan and Egypt presents a strong foundation for deeper economic partnership. The federal minister underscored the importance of diversifying Pakistan's export base, for which he identified key growth sectors such as textile, agriculture, pharmaceuticals, IT and value-added industries.

He pointed out that Prime Minister Shehbaz Sharif had directed focused efforts to develop the mining industry, particularly the critical minerals, where both domestic and international investors were actively participating. He also outlined the opportunities linked to the allied industries including mineral logistics, power supply solutions and technical services.

Drawing attention to agriculture, Jam Kamal acknowledged Pakistan's ongoing expansion in the sector and noted that it could greatly benefit from Egypt's advanced agricultural practices.