Islamabad – Federal Minister for the Board of Investment (BOI), Mr. Qaiser Ahmed Sheikh, held separate meetings with the Ambassador of Vietnam and the Ambassador of Iran in Islamabad to explore new avenues for promoting bilateral investment, trade, and economic cooperation.
During his meeting with the Ambassador of Vietnam, Mr. Sheikh underscored the importance of learning from Vietnam’s successful economic transformation, characterized by sustained foreign investment and export-led industrial growth. He highlighted Vietnam’s remarkable progress in manufacturing and value-added technology exports, noting that global companies such as Samsung have contributed significantly to Vietnam’s economic success.
The Vietnamese Ambassador appreciated Pakistan’s investment potential and expressed Vietnam’s interest in importing raw materials from Pakistan. Both sides agreed to identify joint investment opportunities and strengthen collaboration in priority sectors, laying the groundwork for deeper economic engagement between the two nations.
In a separate meeting with the Ambassador of Iran, the Federal Minister commended Iran’s long-standing support for Pakistan and welcomed Tehran’s growing interest in expanding trade and investment cooperation. The discussions centered on enhancing bilateral collaboration in agriculture, particularly in the trade of wheat, rice, and mangoes, as well as exploring new opportunities in Special Economic Zones (SEZs) and free trade frameworks.
Mr. Sheikh reaffirmed that Pakistan and Iran share historic, brotherly relations and emphasized Pakistan’s commitment to pursuing the initiatives proposed by the Iranian Ambassador to further strengthen bilateral trade and economic ties.
Concluding the engagements, Mr. Qaiser Ahmed Sheikh reiterated that Pakistan’s proactive outreach to Vietnam and Iran reflects the government’s firm resolve to promote economic diplomacy, attract foreign investment, and ensure sustainable economic growth.
The Board of Investment (BOI), under his leadership, remains dedicated to facilitating investment, improving the business environment, and fostering strategic international partnerships that contribute to Pakistan’s long-term economic stability and growth.
BY: The Times Union
