Pakistan, Canada explore trade avenues

ISLAMABAD':

Pakistan and Canada on Saturday, while recognising the significant untapped potential in the bilat relationship, expressed their readiness to improve the implementation of existing agreements and identify new avenues for cooperation.

The 6th round of Bilateral Political Consultations between the two countries was held here in which both sides emphasized the importance of strengthening trade and economic cooperation, including greater support to business communities, facilitation of the trade delegations and enhanced institutional linkages.

"The two sides emphasized cooperation in trade and investment, agriculture and agri-tech, mining and minerals, energy, climate change, artificial intelligence and information and communications technology, skilled workforce development, education and research, tourism and people-to-people exchanges as key drivers for taking the relationship forward," the press release further added.

The two countries also underscored the central role of investment in achieving sustainable and mutually beneficial growth and agreed to work towards encouraging private sector to explore emerging opportunities.

The two sides also exchanged views on the evolving global and regional environment and discussed key multilateral issues of mutual interest.