Pakistan, Kenya pledge to double bilateral trade within five years
- Reaffirm the strong importance both countries attach to their economic partnership and future commercial cooperation
Pakistan and Kenya have committed to significantly expanding bilateral economic ties, agreeing to double their trade volume within the next five years during their Joint Trade Committee session.
- Specific sectors for enhanced trade cooperation.
- Officials co-chairing the Joint Trade Committee.
- The significance of their economic partnership.
Reaffirming their commitment to significantly expanding bilateral economic ties, Pakistan and Kenya agreed on Thursday to double the volume of bilateral trade over the next five years.
This was vowed during the second session of the Pakistan-Kenya Joint Trade Committee (JTC) held in Islamabad, as per a statement.
The session was co-chaired by Jawad Paul, Secretary, Ministry of Commerce, Islamic Republic of Pakistan, and Regina A. Ombam, Principal Secretary, State Department for Trade, Republic of Kenya, with participation from representatives of various government departments from both countries.
“The Joint Trade Committee, a key bilateral platform for strengthening trade relations and addressing outstanding trade matters, reaffirmed the strong importance both countries attach to their economic partnership and future commercial cooperation,” the statement said.
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The session recorded meaningful progress across a broad range of priority sectors, with both sides agreeing to enhance cooperation in market access, export promotion, customs, investment, animal quarantine, plant protection, sanitary and phytosanitary measures, technical standards, pharmaceuticals, banking, trade dispute resolution, information and communication technology, tourism, and industry.
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