Islamabad: H.E. Dr. Oumer Hussein Oba, Ambassador Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia to Pakistan, met with Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, to explore trade, bilateral cooperation, and investment opportunities.

According to Press Information Department, the meeting included discussions on mutual interests such as connectivity, economic and financial cooperation, and investment. The Finance Minister and the Ambassador compared the economic development experiences of Pakistan and Ethiopia and emphasized the potential for sharing strategies to support growth. The Finance Minister also provided insights into ongoing economic reforms in Pakistan aimed at achieving stability and fostering investment-led growth.

The dialogue addressed the enhancement of bilateral trade and investment, particularly through improved financial and banking connectivity. The Ambassador stressed the necessity of closer cooperation between banking sectors to boost trade and investment.

Furthermore, the discussion expanded to regional and global economic developments, focusing on the impact of conflicts on energy supplies, fertilizer availability, and food security. The parties acknowledged the challenges posed by disruptions to energy and fertilizer supply chains and the need for preparedness to manage external economic shocks.

The meeting also considered air connectivity between Pakistan and Ethiopia as a means to enhance commercial and people-to-people relations. Senator Aurangzeb reiterated Pakistan’s commitment to strengthening economic ties with Ethiopia and expanding collaboration in areas of shared interest, with both sides committed to ongoing engagement to promote trade, investment, and stronger economic connectivity.