Web Desk: Pakistan and South Korea agreed to strengthen trade and investment cooperation during a virtual meeting between their commerce ministers, as both sides pushed forward discussions on a comprehensive economic partnership agreement and broader economic engagement.
Federal Minister for Commerce Jam Kamal Khan held talks with South Korean Trade Minister Yeo Han-koo, where the two sides reviewed progress on the Comprehensive Economic Partnership Agreement (CEPA) and explored ways to expand bilateral trade and investment flows.
During the discussion, the South Korean minister welcomed Pakistan’s efforts toward promoting peace in the Middle East, saying such initiatives benefit not only the region but also global economic stability. He added that improved stability supports stronger trade links and market confidence.
In response, Jam Kamal Khan expressed appreciation for the remarks and said ongoing diplomatic and economic efforts could help bring regional stability, which he described as essential for global trade, energy markets, and broader economic connectivity. He also highlighted Pakistan’s strategic potential as a trade gateway connecting Central Asia and Africa.
Both sides also discussed investment opportunities, with Pakistan assuring South Korean companies of support in addressing operational challenges. Jam Kamal Khan emphasized that smoother facilitation could help attract greater foreign direct investment.
The South Korean minister said several Korean companies were interested in entering the Pakistani market, describing it as a promising and secure destination for investment. He added that frameworks such as CEPA could further strengthen investor confidence and deepen economic cooperation between the two countries.
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