ISLAMABAD:
Federal Minister for Commerce Jam Kamal Khan held an in depth assembly with Canadian Excessive Commissioner Tarik Ali Khan on the Ministry of Commerce, specializing in increasing bilateral cooperation in commerce, funding, mining, agriculture, vitality and rising sectors. Coordinator to the Prime Minister for Commerce Rana Ihsaan Afzal Khan was additionally current.
Through the assembly, each side reviewed the evolving international financial panorama and underscored the necessity for adaptive commerce methods amid shifting provide chains and geopolitical realignments. The federal minister emphasised Pakistan’s intent to diversify partnerships and entice high quality overseas funding, significantly in value-adding and export-oriented sectors.
A serious focus of discussions was cooperation within the mining and minerals sector. Jam Kamal highlighted Pakistan’s rising curiosity in creating small and medium-scale mining tasks and harassed the significance of contemporary exploration methods, surveying experience and accountable mining governance.
The excessive commissioner famous Canada’s international management in mining companies and exploration applied sciences and expressed willingness to assist Pakistan by way of capacity-building initiatives, technical help and business-to-business matchmaking.
On this context, each side mentioned Pakistan’s participation within the Prospectors & Builders Affiliation of Canada (PDAC) convention in Toronto, with an emphasis on linking Pakistani miners with respected Canadian exploration firms and repair suppliers. The assembly additionally coated agricultural cooperation, significantly the latest resumption of Canadian canola exports to Pakistan.
The 2 sides acknowledged the profitable arrival of preliminary shipments and agreed to work intently on addressing regulatory and procedural bottlenecks to make sure easy and well timed imports. The federal minister famous that canola was an important enter for Pakistan’s edible oil and livestock feed sectors and welcomed higher collaboration in agriculture, agribusiness and meals safety.
Discussions additional explored potential cooperation in dairy and livestock growth, together with animal genetics, trendy dairy farming applied sciences and illness management mechanisms, geared toward enhancing productiveness and high quality requirements in Pakistan.
On the vitality entrance, the excessive commissioner raised points associated to Canadian investments in renewable vitality tasks in Pakistan and harassed the significance of regulatory predictability and well timed approvals to maintain investor confidence. Either side additionally reviewed progress on the Bilateral Funding Treaty (BIT) and agreed on the necessity to keep the momentum in negotiations to encourage higher Canadian funding.
