Thursday, 08 May 2025, 08:14:19 am


 
Pakistan, Canada agree to boost bilateral economic ties
May 07, 2025

Pakistan and Canada have agreed to maintain regular communication to foster mutual understanding and bilateral economic cooperation.

The understanding to this effect reached during a meeting between Minister for Petroleum Ali Pervaiz Malik and Political and Trade Counselor at the Canadian High Commission, Daniel Arsenault, who called on the Minister in Islamabad today (Wednesday).  

During the meeting, they discussed opportunities for enhanced bilateral cooperation in clean energy, minerals and geological survey.

The Minister congratulated Canadian Prime Minister Mark Carney on assuming office.

He invited Canadian companies to Pakistan's exploration sector given the huge potential in both onshore and offshore exploration.

Ali Pervaiz Malik welcomed the Canadian interest in enhancing cooperation with Pakistan. He remarked that Pakistan has made great progress in short time and undertook bold steps to strengthen its economy.

He said Pakistan has keen interest in leveraging Canadian expertise and investment to advance its economic transformation goals. 

The meeting also explored avenues for collaboration in sustainable energy development. Both sides acknowledged the potential for joint initiatives in clean energy technologies, minerals, enhancing trade between Canada and Pakistan.

On the occasion, the Canadian Counselor highlighted the opportunities of cooperation between Geological Survey of Pakistan and Canada under the Technical Assistance Partnership (TAP) project.

He also extended invitation for the Global Energy Show that happens annually in Canada.