ISLAMABAD: Pakistan has offered Bangladesh a big opportunity to boost regional trade. The government offered Bangladesh access to the Karachi Port Trust to enhance Dhaka’s trade connectivity with China and Central Asia. The announcement came during the 9th Pak-Bangladesh Joint Economic Commission meeting held in Dhaka. It was the first JEC session in two decades and signaled a renewed push for stronger bilateral engagement.
The meeting was co-chaired by Pakistan’s Petroleum Minister Ali Pervez and Bangladesh’s Finance Advisor. Officials from both sides expressed their commitment to deepening economic relations and removing barriers to trade.
Stronger Shipping Collaboration Planned
According to the official statement, Pakistan stressed the need for enhanced cooperation between national shipping corporations. Access to Karachi Port will support Bangladesh in expanding its commercial reach to regional markets. Leaders hope the step will streamline logistics and reduce trade costs for exporters.
Partnership Across Key Economic Sectors
Moreover, the two countries agreed to broaden cooperation in several sectors. These include medical tourism, religious tourism, technology, industry, investment, climate initiatives, and energy development. Both sides also decided to accelerate work on launching direct flights. They aim to improve travel efficiency and encourage stronger business and cultural ties.
Halal Standards Agreement Signed
The Pakistan Halal Food Authority and Bangladesh Standards and Testing Institute also signed a cooperation memorandum. The agreement will support halal product certification and quality compliance. Officials believe it will help both nations gain more share in the rapidly growing global halal market.
Education and Skill Development Support Expanded
Pakistan also proposed a Pak-Bangladesh Knowledge Corridor to increase academic collaboration. The plan includes 500 fully funded scholarships for Bangladeshi students. Authorities also raised available training seats under the Pakistan Technical Assistance Program from five to twenty-five. Officials said these new opportunities will help build long-term partnerships between professionals from both countries.
