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Pakistan, Canada Agree to Accelerate Investment Pact, Expand Trade Cooperation

Commerce Minister Jam Kamal Khan and Canada's High Commissioner discuss speeding up investment treaty talks and broadening cooperation in agriculture, mining and other sectors.

· 1 min read · language: en
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— APP (Pakistan)

ISLAMABAD — Pakistan's Federal Minister for Commerce, Jam Kamal Khan, met with Canada's High Commissioner to Pakistan, Tarik Ali Khan, to discuss accelerating negotiations on the Foreign Investment Promotion and Protection Agreement (FIPA), according to a report by the Associated Press of Pakistan (APP) published Monday.

The two officials also discussed expanding bilateral cooperation across several sectors, including agriculture, mining, clean energy, aviation and value-added industries, APP reported.

According to the report, the Canadian High Commissioner called on the Commerce Minister as part of the discussions, though further details of the meeting were not provided in the initial report.

The talks come as Pakistan continues efforts to attract foreign investment and diversify its trade partnerships. The FIPA is intended to provide a legal framework for protecting investments between the two countries, though the source did not specify a timeline for concluding the agreement.

Neither side outlined specific commitments or financial figures tied to the discussed areas of cooperation, based on the available report.

CanadaInvestmentPakistanTrade

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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