ISLAMABAD: Pakistani Commerce Minister Jam Kamal Khan on Sunday arrived in Cambodia on a three-day official visit to hold bilateral trade talks, his ministry said, amid Pakistan’s push for trade and investment.
The commerce minister will participate in the inaugural Joint Trade Committee and Ministerial Meeting in the Cambodian capital of Phnom Penh, according to the Pakistani commerce ministry.
Upon arrival, Khan was received by Pakistan’s Ambassador to Cambodia Zaheer Uddin Baber Thaheem and Tith Rithipol, undersecretary of state from the Cambodian ministry of commerce.
“The visit aims to strengthen bilateral trade ties, explore new economic opportunities, and enhance cooperation between the two nations,” the Pakistani commerce ministry said in a statement.
“The meetings are expected to cover a range of topics, including trade facilitation, investment prospects, and market access.”
The development comes amid Pakistan’s efforts to revive its $350 billion economy since avoiding a default in June 2023. The South Asian country last year secured a new $7 billion loan from the International Monetary Fund (IMF) and has been actively pursuing trade and investment opportunities to put the economy on the path of recovery.
The Pakistani commerce ministry said Khan’s visit marked a “significant step” toward deepening economic engagement between Pakistan and Cambodia.
“Further discussions and agreements are anticipated during the visit,” it added.
Pakistan commerce minister arrives in Cambodia to hold bilateral trade talks
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Pakistan commerce minister arrives in Cambodia to hold bilateral trade talks
- The development comes amid Pakistan’s push to revive its $350 billion economy since avoiding a default in June 2023
- Commerce Minister Jam Kamal Khan will attend the inaugural Joint Trade Committee and Ministerial Meeting in Phnom Penh
Pakistan’s PIA to resume London flights from Mar. 29 after six-year gap
- Newly privatized airline says will operate four weekly flights from Islamabad to London
- PIA is already operating three fllights per week to British city Manchester, says airline
ISLAMABAD: The newly privatized Pakistan International Airlines (PIA) will operate direct flights to London starting Mar. 29, 2026, after six years, its spokesperson confirmed on Tuesday.
The PIA resumed its flight operations to the UK in October this year with its inaugural flight to Manchester. The airline is currently operating three weekly flights to the British city.
Britain lifted restrictions on Pakistani carriers in July, nearly half a decade after grounding them following a 2020 PIA Airbus A320 crash in Karachi that killed 97 people. The disaster was followed by claims of irregularities in pilot licensing, which led to bans in the US, UK and the European Union.
“Pakistan International Airlines has announced the expansion of its operations in the United Kingdom with the resumption of flights to London,” the airline’s spokesperson said in a statement.
“Starting Mar. 29, PIA will operate four weekly flights from Islamabad to London.”
The airline said that the London flights will be operated from Heathrow Airport’s Terminal 4, which it said is recognized as one of its most modern terminals.
“London was PIA’s very first international destination and remains one of its most important and attractive routes,” the spokesperson said.
Pakistan’s government succeeded in its frequent efforts to privatize the airline this month after a consortium, led by Arif Habib Group, on Dec. 23 secured a 75 percent stake in PIA for Rs135 billion ($482 million) after several rounds of bidding, valuing the airline at Rs180 billion ($643 million).
The sale marked Pakistan’s most aggressive attempt in decades to reform the debt-ridden national airline, which had accumulated more than $2.8 billion in financial losses. The government said it would end decades of state-funded bailouts and help revive the airline.
In an exclusive interview with Arab News this week, the airline’s new owner Arif Habib said he plans to renovate PIA planes, improve maintenance and flight schedule, and bring in new aircraft to revive the carrier.
Habib said he sees the region comprising the UK, the US and Canada as a “lucrative market” for the airline’s business.
“There we can increase the frequency of the flight,” he said. “We will also try to run flights to Canada from Karachi, Lahore, and I think it’s already in Islamabad.”
