Pakistan, Canada discuss investment, mining and technology cooperation
— October 16, 2026BANGKOK (AIA) Finance Minister Muhammad Aurangzeb has discussed ways to strengthen economic cooperation with Canada, highlighting investment opportunities and urging progress on an investment protection agreement to encourage Canadian investment in Pakistan.
He met Canada’s Secretary of State for International Development, Randeep Sarai, on the sidelines of the World Bank Group-IMF Annual Meetings in Bangkok, Thailand.
Aurangzeb outlined Pakistan’s progress towards economic stabilisation and stressed the importance of advancing the investment protection agreement to provide greater confidence to Canadian investors.
Both sides explored opportunities for cooperation in agriculture, agrotechnology, livestock and food security, with an emphasis on private sector participation.
They also discussed the Barrick mining project, including its security review, financing arrangements and potential to boost exports and create jobs.
Aurangzeb highlighted further opportunities in IT services, artificial intelligence skills and virtual assets. He also underscored the importance of engaging the Pakistani diaspora in Canada, including in relation to remittances.
