Pakistan, Egypt agrees to focus on collaboration

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CAIRO, JAN 9: Federal Minister for Commerce Industries and Investments, Gohar Ejaz meeting the Minister of Public Enterprises of Egypt, Mahmoud Mostafa Kamal Esmat at the 4th Pakistan Africa Trade Development conference.=DNA PHOTO

ISLAMABAD, JAN 09 (DNA) — Pakistan and Egypt on Tuesday agreed to focus on fostering collaboration in key economic sectors, including agriculture, textiles, engineering, and services.

Dr. Gohar Ejaz, Federal Minister for Commerce, Industries and Investments, engaged in discussions with Ahmed Samir, the Minister of Commerce of Egypt and Chief Guest of the 4th Pakistan-Africa Trade Development Conference (PATDC) and Single Country Exhibition (SCE), said a press release issued here on Tuesday.

Both parties recognized the mutual benefits that can arise from expanding economic and trade ties between Pakistan and Egypt.  The meeting, held in the presence of policymakers and business leaders from various countries, facilitated a convergence of diverse ideas and opinions, creating an enriching environment for meaningful discussions.

This event serves as a crucial platform aimed at fostering economic ties and exploring investment opportunities between Pakistan and Egypt.  The discussions underscored the commitment of both nations to deepening economic cooperation and leveraging each other’s strengths in key sectors.

Dr. Gohar Ejaz reiterated Pakistan’s commitment to making Pakistani markets accessible to the MENA region. The focus is on achieving this goal by strengthening economic ties with MENA economies, with discussions centred around the potential for collaboration in agriculture, textiles, engineering, and services.

This commitment aligns seamlessly with the Look Africa policy, emphasizing Pakistan’s objective to unlock its economic and trade potential.  The focus is on facilitating investments and making markets more accessible, contributing to the broader goals of economic growth and cooperation.

The 4th PATDC and SCE not only serve as a platform for bilateral discussions but also as a catalyst for the exchange of ideas and strategies to enhance economic ties. The event sets the stage for further collaboration, paving the way for increased cooperation and mutual prosperity. — DNA