ISLAMABAD: Pakistani and United Arab Emirates (UAE) officials have agreed to expand bilateral cooperation between the two countries in the railways sector, the Pakistani railway ministry said on Monday.
The statement came after Railways Minister Hanif Abbasi’s meeting with UAE First Secretary to Pakistan Ahmed Al-Tahiri, at which both officials discussed strengthening bilateral relations across all sectors.
Abbasi highlighted that Pakistan Railways is continuously working to improve its services through long-term agreements with domestic and international suppliers, emphasizing that Pakistan offers a business-friendly environment and presents significant opportunities for investors.
“Both sides deliberated on various aspects of railway operations and mutual trade interests,” the Pakistani railways ministry said in a statement. “Both leaders agreed to continue and expand bilateral cooperation in the railway sector and other economic domains.”
Pakistan Railways faces many challenges like aging infrastructure, outdated tracks, locomotives and signal systems. Poor maintenance and a lack of modern safety measures often contribute to train derailments and accidents. Notable tragedies include the 2005 Ghotki train disaster, which killed over 130 people and the 2021 collision that left at least 65 people dead.
The UAE is Pakistan’s third-largest trading partner after China and the United States, and a major source of foreign investment valued at over $10 billion in the last 20 years, according to the UAE’s foreign ministry. Both countries have stepped up efforts in recent years to strengthen their economic relations. In Jan. 2024, Pakistan and the UAE signed multiple agreements worth more than $3 billion for cooperation in railways, economic zones and infrastructure.
During Monday’s meeting, the UAE first secretary emphasized the deep-rooted ties of brotherhood and mutual respect between the two nations, according to the Pakistani railway ministry.
“He reaffirmed the UAE’s commitment to further enhancing bilateral cooperation,” the ministry said.
Pakistani, UAE officials agree to expand cooperation in railways sector
https://arab.news/v76kh
Pakistani, UAE officials agree to expand cooperation in railways sector
- The UAE is Pakistan’s third-largest trading partner after China and US, and a key source of foreign investment
- Pakistan Railways is currently working to improve its services with the help of domestic and international partners
Pakistan, Canada explore deeper trade, mining and agriculture cooperation
- The development comes as Pakistan seeks to boost trade, foreign investment to strengthen its more than $400 billion economy
- Both sides reviewed the evolving global economic landscape, underscored the need for adaptive trade strategies, Islamabad says
KARACHI: Pakistani and Canadian officials have discussed ways to deepen cooperation in trade, mining and agriculture, the Pakistani commerce ministry said on Saturday, with both sides seeking to expand economic ties.
The statement came after Pakistani Commerce Minister Jam Kamal Khan’s meeting with Canadian High Commissioner to Pakistan Tarik Ali Khan that focused on expanding bilateral cooperation in trade, investment, mining, agriculture, energy and emerging sectors.
Pakistan, which is recovering from a prolonged economic meltdown under a $7 billion International Monetary Fund (IMF) program, has sought to boost trade, foreign investment to strengthen its more than $400 billion economy.
“During the meeting, both sides reviewed the evolving global economic landscape and underscored the need for adaptive trade strategies amid shifting supply chains and geopolitical realignments,” the Pakistani commerce ministry said in a statement.
“The federal minister emphasized Pakistan’s intent to diversify partnerships and attract quality foreign investment, particularly in value-adding and export-oriented sectors.”
A major focus of discussions was cooperation in the mining and minerals sector. Pakistan has vast mineral resources, including Reko Diq copper-gold mine, which is one of the world’s largest undeveloped mines.
The Reko Diq project, located in the Balochistan province, is also being developed by Canadian mining giant Barrick Gold in partnership with Pakistan’s federal and provincial governments.
Commerce Minister Khan highlighted Pakistan’s growing interest in developing small and medium-scale mining projects and stressed the importance of modern exploration techniques, surveying expertise and responsible mining governance.
“The Canadian high commissioner noted Canada’s global leadership in mining services and exploration technologies and expressed willingness to support Pakistan through capacity-building initiatives, technical assistance and business-to-business matchmaking,” the commerce ministry said.
“In this context, both sides discussed Pakistan’s participation in the Prospectors & Developers Association of Canada (PDAC) conference in Toronto, with an emphasis on linking Pakistani miners with reputable Canadian exploration companies and service providers.”
The meeting also covered agricultural cooperation, with particular reference to the recent resumption of Canadian canola exports to Pakistan, according to the statement. The two sides acknowledged the successful arrival of initial shipments and agreed to work closely on addressing regulatory and procedural bottlenecks to ensure smooth and timely imports.
“Discussions further explored potential cooperation in dairy and livestock development, including animal genetics, modern dairy farming technologies and disease-control mechanisms, aimed at enhancing productivity and quality standards in Pakistan,” the commerce ministry added.
“On the energy front, the Canadian High Commissioner raised issues related to Canadian investments in renewable energy projects in Pakistan and stressed the importance of regulatory predictability and timely approvals to sustain investor confidence. Both sides also reviewed progress on the Pakistan–Canada Bilateral Investment Treaty (BIT) and agreed on the need to maintain momentum in negotiations to encourage greater Canadian investment.”
