{"id":63149,"date":"2026-04-28T12:29:30","date_gmt":"2026-04-28T12:29:30","guid":{"rendered":"https:\/\/pakistanintheworld.pk\/live\/?p=63149"},"modified":"2026-04-28T19:41:49","modified_gmt":"2026-04-28T19:41:49","slug":"pakistan-launches-business-network-with-300-european-companies-working-in-country-first-business-forum-held-greening-and-transformin-trade-relations-into-long-lasting-investments","status":"publish","type":"post","link":"https:\/\/pakistanintheworld.pk\/live\/pakistan-launches-business-network-with-300-european-companies-working-in-country-first-business-forum-held-greening-and-transformin-trade-relations-into-long-lasting-investments\/","title":{"rendered":"Pakistan Launches Business Network with 300 European Companies working in Country ! First Business Forum held Greening and Transformin Trade Relations into Long Lasting Investments"},"content":{"rendered":"
\n
\n

\"\"ISLAMABAD : The European Union, in collaboration with the Government of Pakistan, today inaugurated the first-ever “High-Level EU-Pakistan Business Forum” in Islamabad, marking an important milestone in strengthening bilateral economic relations. Pakistan announced the launch of the EU\u2013Pakistan Business Network, which connects over 300 European companies operating in Pakistan.<\/strong><\/p>\n

The Forum brings together around 1000 senior policymakers, European and Pakistani business leaders, investors and financial institutions. With the EU being the largest single market in the world, a leading exporter of outward Foreign Direct Investment globally and Pakistan\u2019s number one export destination, the Forum represents a significant opportunity to further the EU-Pakistan economic partnership.<\/p>\n

It aims to turn strong trade ties into increased investment flows, technology partnerships, greater innovation, and sustainable industrial growth.<\/p>\n

The European Union Ambassador to Pakistan, H.E. Raimundas Karobolis, opened the Forum, stating:<\/strong><\/p>\n

\u201cThe European Union enjoys strong economic relations with Pakistan. It is a source of pride for me to say, that the European Union is the top export destination for Pakistan.
\nThe purpose of the forum is not just to celebrate our trade relations, but to deepen, diversify, \u201cgreen,\u201d and transform them into long-lasting investments. Through this, our mutual prosperity will thrive.\u201d<\/p>\n

Federal Minister of Finance, Muhammad Aurangzeb<\/strong> highlighted the solid work done to improve macroeconomic fundamentals, undertake structural reforms and through this enhance potential for future investments. He emphasised Pakistan\u2019s stability and readiness for business under the theme \u201cPakistan Means Business.\u201d<\/p>\n

He highlighted that key economic indicators, including foreign exchange reserves, remittances, taxation, tariffs, and public debt, are showing encouraging trends, reflecting overall macroeconomic stability. Aurangzeb noted that wide-ranging structural reforms are underway in critical sectors, including privatization, rightsizing of public institutions, tax system improvements, and public debt management.<\/p>\n

Providing an update on external accounts, Aurangzeb revealed that Pakistan\u2019s foreign exchange reserves have reached $18 billion, sufficient to cover three months of imports. He shared that investments under the Roshan Digital Account have gained momentum, rising from an average of $200 million per month to $260 million in March.<\/p>\n

The minister also highlighted a notable increase in workers\u2019 remittances, attributing it to growing confidence among overseas Pakistanis.Remittances reached $3.8 billion in March, marking a 17 percent increase compared to February. For the first nine months of the current fiscal year, total remittances stood at $30.3 billion, with projections indicating they could exceed $41 billion by year-end.<\/p>\n

EU eyes enormous potential in Pakistan for further growth of\u00a0 B2B ties\u00a0 in various sectors | Business delegation calls on Prime Minister<\/a><\/p><\/blockquote>\n