Roadmap set to boost trade with Malaysia

A roadmap aimed at strengthening trade and investment ties was agreed by Pakistan and Malaysia on Friday, Dawn reported, following a business conference in Islamabad. The Malaysian High Commissioner, Dato Mohammad Azhar Mazlan, led the event titled Malaysia-Pakistan Business Engagement 2026. He said bilateral trade, which stands at $1.5 billion, could reach $5bn if business links are strengthened and private firms play a bigger part.

The envoy highlighted artificial intelligence, education, manufacturing and services as areas with real potential for joint work. He added that Pakistan's location offers access to Central Asia and that its large youthful population is a significant asset. He also drew attention to edible oil and halal products, and gave the example of a Pakistani-backed halal gelatine plant in Malaysia.

Minister for Investment Qaiser Ahmed Sheikh said the two countries have room to widen commercial ties and set up joint ventures in information technology, advanced technology, mining, agriculture, food processing and halal goods. He argued that Malaysia's technological skills can work alongside Pakistan's natural assets, labour force and large domestic market. He also said Islamabad would welcome good-quality Malaysian investment that supports industry, transfers technology, creates jobs and lifts exports.