Pakistan Proposes Regional Trade Partnership with Oman via Gwadar and Karachi Ports

ISLAMABAD – Pakistan has proposed a strategic partnership with Oman to utilize its Gwadar and Karachi ports for enhanced trade connectivity with Central Asia. The offer was discussed during a meeting in Muscat between Pakistan’s Commerce Minister Jam Kamal and Oman’s Minister of Commerce, Industry, and Investment Promotion, Qais Al Yousif.

The discussions emphasized leveraging Pakistan’s ports as regional trade hubs to strengthen economic ties between the two countries. Key areas of collaboration include transportation networks, textiles, agriculture, small and medium enterprises (SMEs), and manufacturing, with a focus on boosting agricultural trade and supply chain integration.

Pakistan invited Omani investors to explore its industrial and manufacturing sectors, aligning with Oman’s Vision 2040 development goals. Minister Jam Kamal highlighted Pakistan’s expertise in commerce and industry, offering support for Oman’s economic diversification plans. In response, Minister Qais Al Yousif acknowledged Pakistan’s strategic importance and expressed a strong interest in deepening trade relations.

Both nations committed to fostering joint ventures, promoting industrial collaboration, and pursuing long-term economic growth.