On Monday, Minister for Finance and Revenue Senator Muhammad Aurangzeb held discussions with the Korean Ambassador and representatives of Korean companies working in Pakistan. Matters of mutual interest for the benefit of both nations were deliberated upon during the meeting, which was attended by the Secretary Ministry of Communications, Chairman National Highway Authority (NHA), MD Private Power & Infrastructure Board (PPIB), and senior officers from relevant ministries, as per a press release.
Minister Aurangzeb highlighted the significant macroeconomic improvements and the positive trajectory of foreign exchange reserves. He reaffirmed the government’s commitment to addressing the challenges faced by Korean companies operating in Pakistan and urged relevant authorities to ensure their facilitation for seamless business operations. The Korean Ambassador commended the government’s economic initiatives and the strong bilateral relations between Pakistan and Korea, emphasizing the need to fully harness the untapped potential for further collaboration. Representatives from Korean companies also shared their concerns with the Minister regarding project timelines and operational efficiency.
