Prime Minister Shehbaz Sharif said Pakistan and Kazakhstan want to sharply increase trade and investment after signing more than 30 memoranda of understanding in key sectors.
Speaking after the signing ceremony, the prime minister said current trade between the two countries stands at only $250 million, which does not match the strength of their friendship or economic capacity.
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He stressed that both sides should aim to raise trade volume to $1 billion within the next year, adding that strong political ties must now turn into real economic results.
H.E Mr. Kassym-Jomart Tokayev, President of the Republic of Kazakhstan called on Prime Minister Muhammad Shehbaz Sharif and held bilateral Meetings at Prime Minister House. pic.twitter.com/uUNoRcTX2G
— Government of Pakistan (@GovtofPakistan) February 4, 2026
The agreements cover areas such as petroleum, mining, maritime affairs, and other sectors that can open new business opportunities for both countries.
Earlier, Kazakhstan President Kassym-Jomart Tokayev arrived in Islamabad on his first two-day state visit, following an invitation from Prime Minister Shehbaz.
He was welcomed at the Prime Minister’s House with a guard of honor, where national anthems of both countries were played and a smartly dressed military contingent presented formal honors.
The two leaders held a one-on-one meeting, followed by delegation-level talks to review bilateral relations and explore new areas of cooperation.
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Later, President Tokayev planted a commemorative sapling at the Prime Minister’s House, marking the importance of the visit.
Separately, Deputy Prime Minister and Foreign Minister Ishaq Dar also met the Kazakh president and reaffirmed Pakistan’s commitment to expand cooperation in political, economic, and people-to-people areas.
Deputy Prime Minister / Foreign Minister Senator Mohammad Ishaq Dar @MIshaqDar50 called on the President of the Republic of #Kazakhstan, Kassym-Jomart Tokayev @TokayevKZ, who is visiting Pakistan on a two-day official visit.
— Ministry of Foreign Affairs - Pakistan (@ForeignOfficePk) February 4, 2026
Welcoming him to Pakistan, DPM/FM extended warm… pic.twitter.com/8ijVMgnbXd