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PM Calls for Expanded Ties with Canada in Trade, Investment

PM Calls for Expanded Ties with Canada in Trade, Investment

Key Takeaways

  • Prime Minister Muhammad Shehbaz Sharif emphasizes the need to expand ties between Pakistan and Canada.
  • Areas of focus include trade, investment, agriculture, renewable energy, and automobile industries.
  • Foreign Minister Anita Anand from Canada is part of ongoing discussions.

Prime Minister Muhammad Shehbaz Sharif has called for the expansion of friendly ties between Pakistan and Canada in a range of sectors including trade, investment, agriculture, renewable energy, and automobile industries. Speaking at an official press conference on Monday, July 20th, Mr. Sharif highlighted the potential for mutual benefit through increased collaboration.

In his statement, the Prime Minister underscored that while existing ties between Pakistan and Canada are friendly, there is significant scope to diversify and expand these relations. He specifically mentioned areas such as trade, investment in agriculture including agri-foods and vaccine manufacturing, renewable energy projects, and the automobile and auto parts industry.

Mr. Sharif emphasized the importance of leveraging each country's strengths for mutual growth. 'Pakistan’s agricultural sector can benefit from Canadian expertise,' he stated, adding that there is a strong potential for joint ventures in areas like renewable energy technologies and automotive manufacturing.

'Pakistan and Canada have friendly ties that need to be further expanded.'

Prime Minister Muhammad Shehbaz Sharif, Prime Minister of Pakistan