Pakistan seeks strategic investment ties with Egypt

Minister proposes developing joint value chains, creating job opportunities

ISLAMABAD:

Federal Minister for Commerce Jam Kamal Khan has called for transforming Pakistan-Egypt relations into a stronger economic partnership based on trade, investment, joint production, technology cooperation and regional value chains.

He was speaking at a reception held in Islamabad to celebrate the National Day of Egypt. The event was attended by ambassadors, high commissioners, senior government officials, members of the diplomatic corps and other guests.

Khan said Pakistan attached great importance to its relations with Egypt, which remained a key partner in the Arab and Muslim world. He appreciated Egypt's support in the healthcare sector, its constructive role in promoting regional peace and its cooperation in facilitating Pakistan's humanitarian assistance to Gaza.

The minister stressed that Pakistan and Egypt should move beyond conventional trade and view each other as long-term strategic investment partners. He noted that Egypt offered a strong manufacturing and distribution base for African, Arab and Mediterranean markets, while Pakistan provided a major production and investment platform linked to South Asia.

"Together, Pakistan and Egypt can develop joint value chains, create employment opportunities, strengthen industrial capacity and expand exports," he said.