ISLAMABAD: Pakistan’s Commerce Minister Jam Kamal Khan has proposed transforming the country’s bilateral relations with Egypt into a more robust economic partnership, emphasizing the need to move beyond traditional trade towards long-term strategic investment collaborations, according to Pakistan’s Press Information Department.
The two nations maintain a historical rapport that dates back to Pakistan’s early years of independence, with Egypt being among the first Middle Eastern countries to recognize the new state. Their cooperation spans defense, economy, and diplomacy sectors, reflecting a longstanding commitment to mutual growth and development.
During a reception in Islamabad commemorating Egypt’s National Day, Minister Khan highlighted the importance of further strengthening bilateral ties in trade, investment, joint production, and regional value chains, as reported by the PID.
“Pakistan and Egypt can collaborate to develop integrated value chains, generate employment opportunities, enhance industrial capabilities, and expand export prospects,” Khan stated in his remarks.
Egypt’s potential as a manufacturing and distribution hub for African, Arab, and Mediterranean markets, coupled with Pakistan’s role as a production and investment platform in South Asia, presents a complementary opportunity for mutual benefit, the minister noted.
The minister also expressed openness to Egyptian investments in Pakistan’s power generation, real estate, financial services, and telecommunications sectors. Additionally, Pakistan invited Egyptian participation in its upcoming food, agriculture, and textile exhibitions and announced its intention to take part in the Food Africa 2026 event in Egypt scheduled for December.
Khan commended Egypt’s support in facilitating Pakistan’s humanitarian aid efforts to Gaza, underscoring the importance of regional cooperation in addressing global humanitarian challenges.
Egypt’s Ambassador to Pakistan, Ihab Mohamed Abdelhamid Hassan, stated that bilateral relations have strengthened significantly over the past two years, driven by high-level exchanges, including visits by Egyptian Foreign Minister Badr Abdelatty and Pakistan’s Deputy Prime Minister Ishaq Dar. Cairo aims to convert this momentum into tangible progress, he added.
Egypt’s National Day, observed annually on July 23, marks the 1952 revolution that ended the monarchy of King Farouk and established the republic, a pivotal moment in the country’s modern history.
