In a significant stride toward bolstering economic ties, Park Kijun, the Ambassador of the Republic of Korea to Pakistan, met with Federal Minister for Commerce Jam Kamal Khan to discuss and formulate strategies aimed at boosting bilateral trade and investment.
During the meeting, Minister Khan provided an overview of the government’s proactive measures aimed at stabilizing the economy, asserting that these initiatives are rendering Pakistan increasingly appealing to foreign investors.
Ambassador Kijun expressed keen interest in fostering close collaboration with Pakistan to augment trade volumes and identify new business prospects. In turn, Minister Khan assured the ambassador of the government’s readiness to promptly address any issues to ensure a seamless and efficient environment for foreign enterprises operating in Pakistan.
Moreover, Minister Khan extended an invitation to Korean investors to capitalize on forthcoming privatization opportunities across various government sectors, aligning with the prime minister’s agenda of enhancing private sector participation to enhance efficiency and service delivery.
Encouraging Korean companies to explore and invest in Pakistan’s commercial and strategic ventures, Minister Khan highlighted key sectors such as energy, port and shipping, fisheries, and agriculture, which are pivotal for Pakistan’s economic advancement and present significant opportunities for international investors.
Additionally, Minister Khan briefed Ambassador Kijun on the successful hosting of the recent Saudi Arabia-Pakistan Investment Forum 2024, attended by prominent investors from Saudi Arabia. He proposed the possibility of organizing a similar matchmaking event for major Korean conglomerates and investors interested in investing in Pakistan.
