ISTANBUL -UNS : Federal Minister for Commerce Jam Kamal Khan held a series of bilateral meetings with Mr. Fareed S. Alasaly, Deputy Governor for International Organizations and Agreements of Saudi Arabia; Mr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade of Egypt; and Samir Abid, Minister of Trade and Export Development of Tunisia, on the sidelines of the 42nd Session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) in Istanbul, Türkiye.
The meetings focused on strengthening bilateral economic relations, expanding trade and investment opportunities, promoting joint ventures and enhancing industrial cooperation in sectors of mutual interest.
During his meeting with Mr. Fareed S. Alasaly, Deputy Governor for International Organizations and Agreements of Saudi Arabia, both sides agreed to further strengthen cooperation in agriculture and industrial development, particularly in human resource development, livestock and food security.
Jam Kamal Khan emphasized the importance of identifying new avenues for mutually beneficial joint ventures between Pakistani and Saudi companies. He particularly proposed partnerships between leading businesses of the two countries to explore emerging trade opportunities in African markets.
The Commerce Minister also stressed the need for greater institutional and private-sector engagement to translate economic potential into practical business partnerships.
In a separate bilateral meeting with Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid Saleh, Jam Kamal Khan discussed opportunities to enhance bilateral trade, investment and industrial cooperation, particularly in the cotton and textile sectors.
The Egyptian Minister highlighted investment opportunities in Egypt and encouraged Pakistani companies to explore manufacturing and industrial partnerships.
The Egyptian Minister further highlighted educational opportunities for Pakistani students in Egypt, particularly in science, technology, medicine, healthcare and engineering, noting the availability of educational facilities at competitive costs.
Jam Kamal Khan emphasized the need to develop joint ventures between Pakistani and Egyptian private-sector companies and explore opportunities in textiles, manufacturing and other mutually beneficial sectors.
He stressed that closer business-to-business engagement and stronger institutional linkages could help both countries expand their commercial partnerships and explore new international markets.
