Skip to main content

Dar, Canadian foreign minister discuss strengthening bilateral trade, cooperation

Deputy Prime Minister and Foreign Minister Ishaq Dar and Canadian Foreign Minister Anita Anand discussed the strengthening of bilateral trade and cooperation between the two countries, the Foreign Office (FO) said on Friday.

In a statement, the FO said Dar received a call the previous evening from Anand.

“The two leaders discussed strengthening bilateral trade and investment, including sectors such as agriculture and mines and minerals, and collaboration under the Foreign Investment Promotion and Protection Agreement (FIPPA),” the FO said.

It added that the Canadian foreign minister thanked Dar for facilitating market access for imports of Canadian canola to Pakistan.

“Both leaders appreciated recent constructive engagements, reaffirmed their commitment to advancing mutually beneficial economic cooperation,” the FO said, adding that the two foreign ministers agreed to remain in close contact.

Anand also commented on her phone call with Dar in a post on social media platform X.

“We discussed a range of issues including opening up Pakistan to imports of Canadian canola, the FIPPA model, and bilateral economic engagement,” she said.

She also thanked Dar for “productive meetings” over the past few months in Kuala Lumpur and New York as well as the phone call.

Pakistan’s imports from Canada mostly include pulses and canola seeds.

During the last fiscal year, Pakistan’s merchandise exports to North America grew by 9.97 per cent in FY25, reaching $6.415bn compared to $5.833bn in the previous year. Data compiled by the central bank attributed the rebound to increased exports of textiles and clothing to the US, which accounted for nearly 94pc of Pakistan’s total exports to the region; the remaining share was primarily directed towards Canada.



from Dawn - Home https://ift.tt/mktcVu0
Labels:

Comments

Post a Comment

Popular posts from this blog

Ailing Pope Francis to embark on Asia trip, his longest ever, in September

Pope Francis will travel to Indonesia, Papua New Guinea, Timor-Leste and Singapore from September 2-13, the Vatican said on Friday, announcing his first overseas trip of the year and the longest of his 11-year papacy. The Asia trip has been on the papal agenda for some time, but there had been doubts on whether the 87-year-old pontiff would embark on it given his increasing frailty, with a record of skipping engagements due to health problems. His last international journey was a two-day stay in Marseille, France in September. In November, he pulled out of a trip to the COP28 climate conference in Dubai because of a lung inflammation . Francis is now scheduled to be in Jakarta between Sept 3-6, Port Moresby and Vanimo between Sept 6-9, Dili September. 9-11 and Singapore Sept 11-13, his spokesman said in a statement. Vietnam, which had been suggested by the pope and Vatican officials as a possible further destination during the nearly two-week long Asia trip, was not mentioned. In ...
Post a Comment
Read more

‘A war out there’: Maple Leafs survive shootout thriller in Utah

SALT LAKE CITY — Whew. They needed this one, even if they didn’t wholly deserve it. For a Monday night in Salt Lake City, the stakes felt unusually high for the sagging, road-weary Toronto Maple Leafs .  Heading into their inaugural game at Delta Center, the Leafs had dropped three straight, blown a couple leads, slipped out of first place, and  distracted  the fan base by propositioning their best player with a trade.  Worse: Their process hasn’t been tight for a couple weeks. Mistakes have crept in. Speed is giving their defence issues. And their razor-sharp goaltenders have begun to look human. Head coach Craig Berube held an intense team meeting Sunday, following Saturday’s 7-4 outclassing in Denver. Multiple players spoke up. Captain Auston Matthews said they’d reached look-in-the-mirror time. “The really bad games have a good way of being the biggest learning experiences,” thoughtful goaltender Joseph Woll said, following Monday’s slump-snuffing, nail-b...
Post a Comment
Read more

A diary of (near) default - 2023 was a year of economic uncertainty in Pakistan

Despite having little in common, even our political parties could agree on one thing: Pakistan’s economic situation was dire in 2023. The year saw Pakistan go through a long and rocky road to finding some semblance of economic stability — if it can even be called that — while weathering political and social turmoil. Pakistanis also experienced a double whammy this year: the one-two punches of the worst economic crisis in decades and all-time high inflation. Add to that the gut punch of the aftermath of the catastrophic floods of 2022 began to settle in. Flood victims receive boiled rice from relief workers, after taking refuge on a motorway, following rains and floods during the monsoon season in Charsadda, Pakistan on August 27, 2022 — Reuters In 2023, according to the World Bank , over 39.4 per cent of the population fell below the poverty line, which means over 12.5 million people are living in meagre conditions. Additionally, 8.5 million people face acute food insecurity due ...
Post a Comment
Read more