Pakistan, Egypt to boost blue economies

Published
0
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.

Editorial

Blue wave
Updated 05 Nov, 2026

Blue wave

While Trump does not usually learn from his errors, perhaps seeing the response of the American voters he may attempt a wiser course.
New LPG policy
Updated 05 Nov, 2026

New LPG policy

If the policy is enforced effectively, it could potentially help end shortages and slash prices. But the question remains whether it will.
Polio’s other victims
05 Nov, 2026

Polio’s other victims

FOR decades, Pakistan has vowed to eradicate polio. Billions have been spent on logistics and awareness drives. Yet...
Electoral reform
Updated 04 Nov, 2026

Electoral reform

The real problem is the gulf between the statute book and what happens on polling day, not the laws.
Competing demands
04 Nov, 2026

Competing demands

THE climate crisis is becoming harder to confront as the world develops new ways to consume scarce resources. At an...
Belated meeting
Updated 04 Nov, 2026

Belated meeting

Whether it is Imran Khan, his family members, or other incarcerated political leaders and activists, the state should not deny them their rights.