Pakistan, Kuwait agree to strengthen trade, investment & energy cooperation
ANTALYA (News Desk): Pakistan and Kuwait have reaffirmed their commitment to strengthening bilateral economic cooperation, with trade, investment, energy and development cooperation emerging as key areas of engagement between the two countries.
The commitment was renewed during a meeting between Prime Minister Shehbaz Sharif and Kuwait’s Prime Minister Ahmed Abdullah Al-Ahmad Al-Sabah on the sidelines of the COP31 summit in Antalya on Wednesday.
According to a statement issued by the Prime Minister’s Office, the two leaders discussed longstanding relations between Pakistan and Kuwait and expressed their determination to further strengthen cooperation across several areas of mutual interest.
Trade, investment, energy, development cooperation and people-to-people contacts were among the key sectors discussed during the meeting.
Both sides emphasized the importance of strengthening commercial and business relations to reflect the longstanding friendly ties between the two countries.
The leaders also welcomed the recent ratification of a defence cooperation agreement between Pakistan and Kuwait and expressed hope that it would further strengthen bilateral cooperation.
Regional and international developments were also discussed, particularly challenges relating to regional peace and security, the effects of climate change and the importance of international cooperation for sustainable development.
The meeting reaffirmed the shared commitment of both countries to work together towards regional stability and sustainable development.
The renewed focus on trade, investment and energy cooperation comes as Pakistan seeks to strengthen economic partnerships and attract investment from friendly countries.
Both leaders expressed their resolve to further consolidate bilateral relations, particularly commercial and business links, to translate their longstanding diplomatic relationship into stronger practical cooperation.
The meeting took place during Prime Minister Shehbaz Sharif’s participation in the 31st United Nations Climate Change Conference (COP31) in Antalya, Türkiye.
Editorial note: The official statement does not disclose any new investment commitment, trade target, financing package or specific energy project. The story therefore reports the renewed commitment rather than presenting it as a concluded economic agreement.