European Union Ambassador to Pakistan Raimundas Karoblis visited the FPCCI headquarters in Karachi for talks on expanding trade, attracting investment and preparing Pakistani businesses for the next GSP+ cycle. FPCCI President Atif Ikram Sheikh said discussions focused on export diversification, industrial partnerships and compliance with international conventions on human rights, labour welfare, climate action and governance. He said Pakistan’s exports to the EU had grown by more than 108% over the past decade under GSP+ preferences. The EU ambassador urged Pakistani exporters to explore opportunities in engineering, IT services, leather and food products alongside textiles. FPCCI also highlighted prospects for European investment and joint ventures in renewable energy, digital services, textiles and agro-processing.

Pakistan and the World Bank Group have agreed to accelerate implementation of the Country Partnership Framework (CPF) 2026–2035, focusing on project preparedness, concessional financing, human development and climate resilience. Federal Minister for Economic Affairs Ahad Khan Cheema met World Bank Managing Director of Operations Anna Bjerde on the sidelines of the 2026 World Bank Group–IMF Annual Meetings in Bangkok. Their discussions covered support for water and sanitation, climate resilience and economic transformation, alongside investments in sectors with strong job-creation potential. Cheema also discussed enhanced support for the ML-1 Railway Upgradation Project and a proposed Economic Railway Corridor along the approximately 1,800-kilometre railway line. The corridor aims to strengthen connectivity and unlock economic opportunities. The meeting also addressed a proposed Minerals Compact to support the development of Pakistan’s minerals sector.

Federal Commerce Minister Jam Kamal Khan has called for faster regulatory approvals for Pakistani pharmaceutical companies seeking access to Ethiopia’s market. The issue was discussed during a meeting in Islamabad with Ethiopian Ambassador Dr Oumer Hussein Oba, where both sides also explored ways to expand bilateral trade, investment and economic cooperation. Jam Kamal highlighted Pakistan’s growing pharmaceutical industry and its interest in increasing exports to African markets. They also reviewed progress on a proposed visa waiver agreement for diplomatic and official passport holders. The ambassador expressed hope that the agreement would be finalized soon.