Pakistan and Korea Strengthen Economic Ties in High-Level Meeting

Pakistan and Korea have reaffirmed their commitment to bolstering economic cooperation and addressing mutual concerns for the benefit of both nations. This pledge was made during a high-level meeting in Islamabad between the Finance Minister of Pakistan and the Korean Ambassador, along with representatives from Korean companies operating in Pakistan.

The Finance Minister emphasized the positive changes in Pakistan's macroeconomic landscape, particularly highlighting the increase in foreign exchange reserves. He assured the government's resolve to tackle challenges faced by Korean companies in Pakistan and urged relevant authorities to create a favorable environment for their business activities.

The Korean Ambassador praised Pakistan's economic initiatives and the strong bilateral ties between the two countries. He emphasized the need to fully exploit the untapped potential for further collaboration between Pakistan and Korea.

During the meeting, representatives from Korean companies raised concerns with the Minister, focusing on issues related to project timelines and operational efficiency. This dialogue aims to improve the business environment for Korean enterprises in Pakistan.

The commitment to enhance economic cooperation between Pakistan and Korea signifies a positive step towards strengthening bilateral relations and fostering economic growth in both countries. By addressing shared concerns and working together to create a conducive environment for businesses, Pakistan and Korea are poised to unlock new opportunities for collaboration and mutual prosperity.