Addressing Members of the European Parliament at Pakistan House in Brussels, Deputy Prime Minister Ishaq Dar highlighted Pakistan’s enticing investment environment. He specifically called on leading European companies to commit capital to key sectors, including agriculture, textiles, housing, and information technology.
The Deputy Prime Minister is currently in Brussels to co-chair the seventh Pakistan-EU Strategic Dialogue with his counterpart, Kaja Kallas, reinforcing the importance Pakistan places on its relationship with the EU for regional stability and development. The dinner reception included important political figures, such as the Chair of the South Asia Relations Committee and other top EU parliamentarians.
In his address, the Deputy Prime Minister pointed out that Pakistan, as the world’s fifth-most populous country, holds a massive advantage: over 60% youth population. This large, young populace is a sign that Pakistan has emerged as a rising economy ready to offer attractive openings for international investment. He emphasised that the existing GSP Plus mechanism is already successfully helping bilateral trade and investment grow between the two sides.
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The Deputy Prime Minister stated that the Pakistan-EU partnership is vital for achieving regional peace. He stressed that Pakistan desires to further reinforce this crucial bond across economic, political, and commercial areas of mutual interest. Key officials, including the Foreign Secretary and the Ambassadors from both sides, were also present to witness this high-level call for deeper cooperation.
This direct pitch to senior EU parliamentarians and companies signals a focused effort by Pakistan to secure large-scale European investment, especially in job-creating sectors.
Given the existing GSP Plus trade status, any new capital injection by European giants could quickly lead to technology transfer and significant expansion of job opportunities for the country’s vast youth population.
