WEBDESK: Pakistan and Oman are taking steps to strengthen their economic partnership, focusing on trade, investment, and regional connectivity. The two nations are working together to enhance Pakistan Oman trade, with a particular emphasis on utilizing Pakistan’s ports for expanded access to Central Asian markets.
Pakistan has offered Oman the use of Gwadar and Karachi ports for greater access to emerging markets in Central Asia.
The offer was made during a high-level meeting between Commerce Minister Jam Kamal and his Omani counterpart, Qais Al Yousif in Muscat this week.
This move is expected to boost Pakistan Oman trade by improving logistics and facilitating the movement of goods across the region. Both countries recognize the importance of efficient transport links in fostering economic growth and strengthening bilateral ties.
Beyond ports and logistics, Pakistan and Oman are exploring opportunities in key industries such as agriculture, textiles, and manufacturing.
During the discussions over the Pakistan Oman trade, Jam Kamal Khan emphasised Pakistan’s industrial expertise and commercial strength, stating, “Oman can benefit from Pakistan’s expertise, know-how, and industrial and commercial prowess to achieve the economic diversification goals set under Vision 2040 of the Sultanate.” He reinforced Pakistan’s commitment to fostering deeper economic cooperation with Oman.
Qais Al Yousif acknowledged Pakistan’s strategic significance in regional trade, highlighting , “historical ties and geographical proximity render Pakistan the most effective trade route to the Central Asian Republics (CARs).” He expressed Oman’s interest in strengthening its economic partnership with Pakistan and expanding trade and investment opportunities in key sectors.
The two ministers reaffirmed their dedication to working together on economic initiatives, expanding trade, and strengthening investment ties.
The meeting concluded with iteration of a shared vision to explore new opportunities for mutual growth.
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