PR No. 235

Finance Minister Meets Canada’s Secretary of State for International Development, Discusses Investment, Trade and Sectoral Cooperation

Bangkok : October 16, 2026


Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with the Honourable Randeep Sarai, Canada’s Secretary of State for International Development, on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand, to strengthen bilateral economic cooperation.

The Finance Minister highlighted Pakistan’s economic stabilization and urged progress on the investment protection agreement to encourage Canadian investment. Both sides explored opportunities in agriculture, agrotechnology, livestock and food security, emphasizing private-sector participation.

Discussions covered the Barrick mining project, its security review, financing arrangements and potential contribution to exports and employment. The Finance Minister highlighted opportunities in IT services, AI skills, virtual assets and diaspora engagement, including remittances from Canada.

The two sides exchanged views on Pakistan’s mediation efforts and the regional conflict’s effects on energy, fertilizer supplies and global food security. The Finance Minister thanked Canada for its flood assistance, identified tourism as another area of cooperation and invited Mr. Sarai to visit Pakistan.

PREVIOUS NEXT