Pakistan’s Sharif hopes to further ties with Bangladesh as Rahman takes oath as PM

Prime Minister Shehbaz Sharif speaks during an event in Islamabad, Pakistan, on February 17, 2026. (PMO/File)
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Updated 17 February 2026
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Pakistan’s Sharif hopes to further ties with Bangladesh as Rahman takes oath as PM

  • Tarique Rahman’s election comes amid a thaw in relations between Pakistan and Bangladesh
  • Planning Minister Ahsan Iqbal also met Rahman after oath-taking, invited him to visit Pakistan

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Tuesday said he hoped to further strengthen relations with Bangladesh as Tarique Rahman took oath as the country’s new premier.

Rahman was sworn in on Tuesday after his Bangladesh Nationalist Party’s landslide win in parliamentary elections last week, the country’s first since the massive 2024 uprising and a vote billed as key to the nation’s future political landscape after years of intense rivalry and disputed polls.

The 60-year-old, whose term will last for five years, is the son of former prime minister Khaleda Zia and former president Ziaur Rahman. He is also Bangladesh’s first male prime minister in 35 years. Since 1991, when Bangladesh returned to democracy, either Rahman’s mother or her archrival Sheikh Hasina had served as PMs.

His election as PM comes at a time when Pakistan and Bangladesh appear to be coming increasingly closer, following a thaw in their relations since the ouster of Hasina, who was widely viewed as an India ally. Ties between Bangladesh and New Delhi remain strained over India’s decision to grant asylum to Hasina.

“Warmest felicitations to Tarique Rahman on having been sworn in as the Prime Minister of the People’s Republic of Bangladesh,” Pakistan’s Sharif said on X Tuesday evening.

“I look forward to close and meaningful engagements with my brother, to further strengthen our bilateral cooperation across mutually beneficial areas and to deepen the historic ties between our two countries.”

Earlier in the day, Pakistani Planning Miniter Ahsan Iqbal called on Rahman after his oath-taking ceremony in Dhaka and conveyed warm congratulations on behalf of the government and people of Pakistan on his election, according to the Pakistani information ministry.

“He extended best wishes for the peace, progress and prosperity of Bangladesh under his leadership,” the ministry said. “Iqbal conveyed a formal invitation from the prime minister of Pakistan to Prime Minister Tarique Rahman to undertake an official visit to Pakistan at a mutually convenient date.”

Pakistan and Bangladesh were part of the same country until Bangladesh’s secession following a bloody civil war in 1971. However, Islamabad and Dhaka have lately been looking to strengthen institutional linkages to broaden their cooperation, following a reset of ties.


Pakistan forms committee to negotiate financial advisory services for Islamabad airport privatization

Updated 18 February 2026
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Pakistan forms committee to negotiate financial advisory services for Islamabad airport privatization

  • Committee to engage Asian Development Bank to negotiate terms of financial advisory services agreement, says privatization ministry
  • Inaugurated in 2018, Islamabad airport has faced criticism over construction delays, poor facilities and operational inefficiencies

ISLAMABAD: Pakistan’s Privatization Ministry announced on Wednesday that it has formed a committee to engage the Asian Development Bank (ADB) to negotiate a potential financial advisory services agreement for the privatization of Islamabad International Airport.

The Islamabad International Airport, inaugurated in 2018 at a cost of over $1 billion, has faced criticism over construction delays, poor facilities, and operational inefficiencies.

The Negotiation Committee formed by the Privatization Commission will engage with the ADB to negotiate the terms of a potential Financial Advisory Services Agreement (FASA) for the airport’s privatization, the ministry said. 

“The Negotiation Committee has been mandated to undertake negotiations and submit its recommendations to the Board for consideration and approval, in line with the applicable regulatory framework,” the Privatization Ministry said in a statement. 

The ministry said Islamabad airport operations will be outsourced under a concession model through an open and competitive process to enhance its operational efficiency and improve service delivery standards. 

Pakistan has recently sought to privatize or outsource management of several state-run enterprises under conditions agreed with the International Monetary Fund (IMF) as part of a $7 billion bailout approved in September last year.

Islamabad hopes outsourcing airport operations will bring operational expertise, enhance passenger experience and restore confidence in the aviation sector.

In December 2025, Pakistan’s government successfully privatized its national flag carrier Pakistan International Airlines (PIA), selling 75 percent of its stakes to a consortium led by the Arif Habib Group. 

The group secured a 75 percent stake in the PIA for Rs135 billion ($482 million) after several rounds of bidding, valuing the airline at Rs180 billion ($643 million).

Pakistan’s Finance Minister Muhammad Aurangzeb said this week the government has handed over 26 state-owned enterprises to the Privatization Commission.