ISLAMABAD: Pakistan and Egypt have resolved to significantly enhance bilateral trade and investment, currently standing at around $300 million, through structured business-to-business collaboration.
Deputy Prime Minister and Foreign Minister Senator Ishaq Dar, addressing a joint press conference with visiting Egyptian Foreign Minister Dr Badr Ahmed Mohamed Abdelatty, announced that Pakistan will share a curated list of 250 leading Pakistani business houses with Egypt. The list, to be prepared under the leadership of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), will represent key sectors and be selected through a transparent process.
“We had very focused discussions on strengthening commercial engagement,” Dar said, emphasizing the willingness of both sides to move beyond the current modest trade volume.
During the visit, Dr Abdelatty called on President Asif Ali Zardari, who stressed elevating ties across all domains and appreciated Egypt’s role in regional diplomacy, particularly on Gaza. The Egyptian Minister also held talks with Chief of Army Staff Field Marshal Syed Asim Munir at GHQ, where both sides reaffirmed commitment to enhanced defence cooperation, military exchanges, training programs and regional stability.
Dr Abdelatty also interacted with Pakistani business leaders, highlighting untapped potential in trade and investment partnerships between the two brotherly nations.