Pakistan, Egypt to boost blue economies

Published October 16, 2025
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry talking to Egypt’s ambassador, Dr Ihab Mohamed Adbelhamid Hassan on October 15. — PID
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry talking to Egypt’s ambassador, Dr Ihab Mohamed Adbelhamid Hassan on October 15. — PID

ISLAMABAD: Pak­istan and Egypt have agreed to enhance cooperation in the maritime and industrial sectors, aiming to foster joint ventures and promote their blue economies.

The agreement was reached during a meeting between Maritime Minister Muhammad Junaid Anwar Chaudhry and Egypt’s Ambassador to Pakistan Dr Ihab Mohamed Abdelhamid Hassan on Wednesday.

They emphasised the importance of bolstering economic and maritime ties, with discussions centred on collaboration in port development, shipping, logistics, and industrial ventures. The talks also focused on harnessing the growing potential of the blue economy, seen as a key driver for sustainable growth and regional trade.

Mr Junaid reiterated Pakistan’s commitment to enhancing regional connectivity through a network of roads, railways, and sea routes, highlighting opportunities to strengthen maritime links with Egypt.

He also proposed establishing “Pakistan Houses” in Africa, Central Asia, and Egypt to promote trade and investment.

The ambassador welcomed the proposal and offered Egypt’s expertise in maritime management, particularly in the operation of Suez Canal’s free zones, which could be adapted to Pakistan’s maritime sector.

Both sides agreed on closer cooperation in these sectors.

Published in Dawn, October 16th, 2025

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Lebanon truce
Updated 25 Apr, 2026

Lebanon truce

THE fact that the truce between Israel and Lebanon has been extended for three weeks should be welcomed. But there...
Terrorism again
25 Apr, 2026

Terrorism again

THE elimination of 22 terrorists in an intelligence-based operation in Khyber highlights both the scale and ...
Taxing technology
25 Apr, 2026

Taxing technology

THE recent decision by the FBR’s Directorate General of Customs Valuation to increase the ‘assessed value’ of...
Pahalgam aftermath
24 Apr, 2026

Pahalgam aftermath

A YEAR after at least 26 people were killed in a terrorist attack in occupied Kashmir’s Pahalgam area, ties ...
Real estate power
24 Apr, 2026

Real estate power

THE latest round of land valuation revisions by the FBR for tax purposes signifies a familiar pattern that ...
Ad astra
Updated 24 Apr, 2026

Ad astra

AMONG the many developments this month that Pakistanis can take pride in is the news that one of their own will soon...