In a significant stride towards strengthening international trade relations, Pakistan and Kenya are advancing bilateral cooperation under the aegis of the Special Investment Facilitation Council (SIFC).
Central to this collaboration is the discussion of a Free Trade Agreement (FTA), which promises economic stability, growth, and enhanced global market presence for both nations. The FTA aims to reduce trade barriers, lower costs, foster industrial growth, and create increased business opportunities.
Pakistan is exploring the export of products such as pink salt, marble, and cement to Kenya. Discussions have also been held to expand bilateral trade in the pharmaceutical sector, further diversifying economic ties between the two nations.
Highlighting Pakistan's strategic trade potential, Federal Minister for Commerce Jam Kamal Khan described the country as a pivotal hub for connecting Central Asia and East Africa.
The SIFC’s proactive policies and the government's persistent efforts are paving the way for increased foreign investment and robust economic development.
This burgeoning partnership between Pakistan and Kenya not only underscores the mutual benefits of economic collaboration but also marks a significant step towards regional and global trade integration.
