Pakistan committed to expanding trade, investment ties with EU: PM Shehbaz

Premier also discusses evolving situation in Middle East and bilateral relations in phone call with New Zealand PM

Prime Minister Shehbaz Sharif on Tuesday met with a high-level European Union trade and business delegation in Islamabad. PHOTO: PMO

Prime Minister Shehbaz Sharif on Tuesday met with a high-level European Union trade and business delegation in Islamabad, reaffirming Pakistan’s commitment to strengthening trade and investment ties with its largest trading partner, the Prime Minister's office (PMO) said in a statement.

The delegation included International Partners at the European Investment Bank Director Thourya Triki, Adidas Vice President Manuel Pauser, Andritz Vice President Karl Schloegelbauer; and IKEA Regional Director Dieter Metkke. The EU Ambassador to Pakistan Raimundas Karoblis was also present.

Welcoming the delegation at the Prime Minister’s House, PM Shehbaz thanked them for participating in the EU-Pakistan Business Forum and said the event would help boost economic cooperation between the two sides.

The PMO added that the delegation members shared their own experiences of investing in Pakistan and said there are strong prospects for further expanding B2B relations between the European Union and Pakistan in various sectors, including energy, communications, and information technology.

“The European Union is Pakistan’s largest trading partner and the main destination for our exports in terms of volume,” he said, adding that the government remained committed to expanding commercial ties and attracting investment.

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