Kuwait has expressed strong interest in expanding economic and investment cooperation with Pakistan, reflecting confidence in the country’s economic potential, growing market size, and long-term investment prospects.
The understanding emerged during a meeting held on the sidelines of the World Economic Forum Annual Meeting in Davos between Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb and Kuwait’s Minister of Finance, Subaih Abdul Aziz Al-Mukhaizeem. According to a press release issued after the meeting, the two leaders exchanged views on Pakistan’s economic outlook and explored ways to strengthen bilateral trade and investment ties.
The Kuwaiti finance minister shared Kuwait’s positive assessment of Pakistan’s economic fundamentals, highlighting the country’s strong human capital base, large domestic market, and emerging opportunities across multiple sectors. He noted that Kuwait is increasingly seeking to diversify its investment portfolio beyond traditional markets and views Pakistan as a promising destination for long-term, partnership-driven investments.
Senator Muhammad Aurangzeb briefed his counterpart on Pakistan’s improving macroeconomic situation, stating that the economy has moved toward greater stability with visible progress across key economic indicators. He explained that the government’s focus has now shifted toward achieving sustainable and inclusive growth, supported by stronger external accounts, rising workers’ remittances, expanding information technology exports, and improving investor confidence.
The finance minister also highlighted renewed momentum in structural reforms, including ongoing privatization initiatives that have attracted strong interest from local investors. He said these developments have helped create a more conducive investment environment and are sending positive signals to international partners.
Senator Aurangzeb pointed out that significant opportunities are emerging in priority sectors such as agriculture, minerals and mining, pharmaceuticals, and technology. These sectors, he said, offer attractive prospects for long-term investment partnerships and can play a key role in supporting Pakistan’s economic transformation and export-led growth.
The Kuwaiti finance minister expressed optimism about Pakistan’s economic trajectory and underlined Kuwait’s interest in exploring concrete investment opportunities through its relevant public and private sector institutions. He reiterated Kuwait’s intention to pursue a long-term engagement strategy with Pakistan, based on mutual benefit and sustained cooperation.
Both sides agreed on the importance of strengthening the institutional framework for bilateral economic engagement and maintaining close coordination to facilitate investment flows. They also emphasized continued dialogue and collaboration to deepen economic cooperation and translate shared interests into tangible outcomes for both countries.
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