The countries of Pakistan and Bangladesh are on the verge of forming a partnership to investigate potential avenues of collaboration that have the potential to spur economic expansion, encourage cultural interchange, and improve mutual comprehension.

During his speech at a recent ceremony that took place in Karachi, the High Commissioner of Bangladesh, Muhammad Ruhul Alam, mentioned these goals and underlined the significance of collaboration between the two countries in order to create a more promising future.

In order to investigate potential ways to improve trade between the two countries, the United Kingdom’s Trade Commissioner, Oliver Christian, facilitated a meeting with Jam Kamal, the Federal Minister of Commerce of Pakistan.

During the discussion, it was brought to everyone’s attention that collaboration between different industries and a business-to-business matchmaking approach are both necessary in order to target growth areas in both countries.

When it comes to the food industry, Jam Kamal stressed Pakistan’s enormous potential, particularly in terms of quality enhancement.

Under the leadership of Prime Minister Shehbaz Sharif, the Minister emphasized the Government’s commitment to boosting commerce, which is particularly important.

During his presentation, Kamal emphasized the prospects for future exports, including olive products, and he cited Pakistan’s expanding exports in other industries, such as it, mining, horticulture, and dairy.

In recognition of Pakistan’s enormous potential, the United Kingdom’s Trade Commissioner expressed his unwavering support for the expansion of trade volume between Afghanistan and Pakistan.

There are some of the greatest copper and gold reserves in the world, and the Reko Diq Project, which is located in the Chagai District of Balochistan, is an important development endeavor. Additionally, the project recently received a boost with a 15% investment offer from Saudi Arabia. The project is scheduled to generate 200,000 tons of copper and 250,000 ounces of gold yearly for more than half a century.

In December 2022, Reko Diq will undergo a restructuring that will allow it to conform to worldwide standards. It is anticipated that this will result in the creation of 8,000 employment upon completion, with 4,000 long-term posts being created during production. In addition to reducing Pakistan’s reliance on fuel imported from other countries, it will improve Pakistan’s energy capacity.

Additionally, Barrick Gold is installing water treatment facilities, as well as schools and healthcare services, in the areas that it operates in.

The opening of medical services in Chagai was made possible by a partnership with the Indus Hospital and Health Network (IHHN). Community health centers have been established in the areas of Humaai and Nokundi, in addition to a mobile health unit that is designed to serve villages that are smaller.