GlobalQuick read

Pakistan, ASEAN: Diplomats, businessmen seek result-oriented economic partnership

Business Recorder • • 1 min read

Pakistan, ASEAN: Diplomats, businessmen seek result-oriented economic partnership

Diplomats and business representatives in Islamabad used an ASEAN Day event on Tuesday to urge a more structured, outcomes-focused economic relationship between Pakistan and the Association of Southeast Asian Nations, according to Business Recorder. The Islamabad Chamber of Commerce and Industry hosted the gathering, where speakers noted that Pakistan's trade with the bloc is around USD 10 billion yet has considerable room to expand. Participants also stressed stronger trade and investment links, wider market access and closer institutional cooperation.

Philippine Ambassador Dr Emmanuel R Fernandez, who chairs the ASEAN Committee, said the relationship now involves businesses, institutions and communities as well as governments. He argued that governments and embassies can open doors and chambers can bring the right people together, but companies must turn opportunities into partnerships. ICCI President Sardar Tahir Mehmood said lasting partnerships rest on trust and urged that future ties be shaped by trade, investment, technology and business-to-business deals.

Brunei's High Commissioner disclosed a feasibility study on bringing the country's national airline to Pakistan, which he said could improve connectivity, trade and tourism. Indonesia's ambassador backed turning the bilateral trade framework into a broader economic pact and said roughly 100 Pakistani firms had already sought places at the 41st Trade Expo Indonesia 2026, scheduled for October 14 to 18. The Thai ambassador called for tariff reforms and easier company registration and licensing.

At a glance

  • Pakistan's trade with ASEAN is around USD 10 billion, with considerable room for expansion.
  • Speakers called for stronger trade links, tariff reforms and easier company registration and licensing.
  • Brunei is conducting a feasibility study on bringing its national airline to Pakistan.

Originally reported by Business Recorder

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings