Pakistani president arrives in Iraq to deepen trade, energy cooperation

President Asif Ali Zardari received by Iraqi Culture Minister, Dr. Ahmed Fakkak Al-Badrani, upon arrival in Baghdad on December 20, 2025. (@PresOfPakistan/ X)
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Updated 20 December 2025
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Pakistani president arrives in Iraq to deepen trade, energy cooperation

  • Visit follows recent high-level contacts as Islamabad seeks to expand limited commercial ties with Baghdad
  • Talks are expected to cover investment, manpower and facilitation of Pakistani pilgrims visiting holy sites in Iraq

ISLAMABAD: President Asif Ali Zardari arrived in Iraq on Saturday on an official visit aimed at expanding cooperation in trade, energy and investment, as Pakistan seeks to deepen ties with Baghdad after years of limited engagement.

Pakistan and Iraq established diplomatic relations in 1947 and have traditionally maintained cordial ties, though commercial links remain modest, with officials and business groups identifying scope for cooperation in construction services, pharmaceuticals, manpower and agricultural exports.

“President Asif Ali Zardari arrived in Baghdad on a four-day official visit to Iraq,” his office said in a post on X. “He was received by Culture Minister Dr. Ahmed Fakkak Al-Badrani. During the visit, meetings with senior Iraqi leadership are expected to advance cooperation and further strengthen Pakistan-Iraq relations.”

Zardari’s visit follows a series of recent high-level contacts between the two countries, reflecting efforts to broaden bilateral engagement beyond traditional diplomatic ties and explore collaboration across economic, political and people-to-people domains.

According to Pakistan’s foreign office, the president is expected to hold meetings with Iraq’s senior leadership to discuss cooperation in various areas such as trade and investment, energy, technology, education and manpower.

He is also expected to discuss regional and international issues with Iraqi officials.

Earlier this month, Pakistan’s Interior Minister Mohsin Naqvi met his Iraqi counterpart, Abdul Ameer Al-Shammari, on the sidelines of meetings in Brussels, where both sides agreed to enhance cooperation on security and facilitate travel for Pakistani Shia pilgrims to Najaf and Karbala.

The two officials discussed measures to ensure the smoother movement of these pilgrims and their compliance with visa regulations.


Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

Updated 19 February 2026
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Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

  • Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
  • Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office 

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday. 

The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida. 

Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff. 

“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said. 

It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.

“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added. 

Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.