Pakistan to open three-day food expo in Karachi today eyeing $1 billion export deals

Visitors gather around "Bohra Delights" food stall at the Karachi Eat festival in Karachi, Pakistan, on January 11, 2025. (AN photo/File)
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Updated 24 November 2025
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Pakistan to open three-day food expo in Karachi today eyeing $1 billion export deals

  • More than 350 Pakistani firms will showcase products to over 800 potential buyers from more than 80 countries including Gulf states
  • The exhibition is expected to create new business opportunities for Pakistani producers and reinforce long-term trade partnerships

ISLAMABAD: Pakistan is set to open its largest international food and agriculture exhibition in Karachi today, Tuesday, the commerce ministry said, aiming to secure Rs282.25 billion ($1 billion) in export deals.

More than 350 Pakistani firms will showcase their products to over 800 potential buyers from more than 80 countries, including the Gulf Cooperation Council (GCC) states, at the 3rd International Food & Agriculture Exhibition (FoodAg 2025), themed as “Harvesting Innovation, Cultivating Sustainability.”

Pakistani exporters will present the country’s finest Basmati rice, dehydrated mangoes, kinnows, dates, Himalayan pink salt, premium seafood, halal meat and dairy products along with spices and value-added foods at the three-day event, according to the commerce ministry.

“With thousands of pre-scheduled B2B (business-to-business) meetings taking place over the next three days, we expect business generation to exceed $1 billion, creating thousands of jobs and long-term partnerships that will benefit farmers and exporters across the country,” Trade Development Authority of Pakistan (TDAP) Chief Executive Faiz Ahmad was quoted as saying by the ministry.

The commerce ministry said it is not just hosting an exhibition, but opening the doors to “Pakistan’s abundant harvest and our unbreakable commitment to feeding the world reliably and sustainably.”

“In just three years, FoodAg has become the region’s most important food-trade platform because Pakistan delivers – never once restricting food exports even in the toughest years,” it added.

The exhibition will feature nine high-level conferences on sustainability and traceability as well as a Pakistan Cuisine Pavilion with 21 celebrity chefs from five continents cooking live using only Pakistani ingredients.

The visiting delegation of buyers from GCC countries includes Mercury ME DMCC from the United Arab Emirates, Sunder Trading Qatar and D Ocean Fisheries Bahrain. Other major importers from Asia include leading Chinese state-owned and private companies, Malaysia’s BERNAS, Indonesia’s PT Laris Manis Utama, and several Sri Lankan conglomerates, according to the commerce ministry.

Europe’s largest Basmati rice buyer, Surya Food along with AIB Foods, Aytac Foods, Schepens & Co. Belgium and Migros Türkiye will also attend. More than 200 buyers from Kenya, Somalia, Cameroon, Angola, Rwanda, and Mauritius as well as key players from Australia, Canada, the United States and Russia are expected at the expo.

With Pakistan facing a growing trade deficit and rising demand for foreign exchange, increasing agricultural and food exports has become crucial to support economic growth, create jobs and stabilize the economy.

The exhibition is expected to strengthen Pakistan’s position in the global food market, create new business opportunities for local producers and reinforce long-term trade partnerships.

Pakistani Commerce Minister Jam Kamal Khan said the country’s diverse agro-climatic zones and government policies have been transforming Pakistan from a large producer into a branded supplier.

“FoodAg 2025, with this historic gathering of serious international buyers under one roof, is clear proof that the strategy is delivering results,” the ministry quoted him as saying.


Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

Updated 05 December 2025
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Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

  • Pakistani officials, Binance team discuss coordination between Islamabad, local banks and global exchanges
  • Pakistan has attempted to tap into growing crypto market to curb illicit transactions, improve oversight

ISLAMABAD: Pakistan’s finance officials and the team of a global cryptocurrency exchange on Friday held discussions aimed at modernizing the country’s digital payments system and building local talent pipelines to meet rising demand for blockchain and Web3 skills, the finance ministry said.

The development took place during a high-level meeting between Finance Minister Muhammad Aurangzeb, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib, domestic bank presidents and a Binance team led by Global CEO Richard Teng. The meeting was held to advance work on Pakistan’s National Digital Asset Framework, a regulatory setup to govern Pakistan’s digital assets.

Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight, and encouraging innovation in blockchain-based financial services.

“Participants reviewed opportunities to modernize Pakistan’s digital payments landscape, noting that blockchain-based systems could significantly reduce costs from the country’s $38 billion annual remittance flows,” the finance ministry said in a statement. 

“Discussions also emphasized building local talent pipelines to meet rising global demand for blockchain and Web3 skills, creating high-value employment prospects for Pakistani youth.”

Blockchain is a type of digital database that is shared, transparent and tamper-resistant. Instead of being stored on one computer, the data is kept on a distributed network of computers, making it very hard to alter or hack.

Web3 refers to the next generation of the Internet built using blockchain, focusing on giving users more control over their data, identity and digital assets rather than big tech companies controlling it.

Participants of the meeting also discussed sovereign debt tokenization, which is the process of converting a country’s debt such as government bonds, into digital tokens on a blockchain, the ministry said. 

Aurangzeb called for close coordination between the government, domestic banks and global exchanges to modernize Pakistan’s payment landscape.

Participants of the meeting also discussed considering a “time-bound amnesty” to encourage users to move assets onto regulated platforms, stressing the need for stronger verifications and a risk-mitigation system.

Pakistan has attempted in recent months to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation — a move analysts say could bring an estimated $25 billion in virtual assets into the tax net.

In September, Islamabad invited international crypto exchanges and other VASPs to apply for licenses to operate in the country, a step aimed at formalizing and regulating its fast-growing digital market.