Islamabad: Pakistan and Bangladesh have agreed to increase collaboration in manufacturing, textiles, and other areas of mutual economic interest, aiming to bolster ties between the private sectors of the two countries. This understanding was reached during a meeting in Islamabad between Pakistan’s Finance Minister Muhammad Aurangzeb and a high-level Bangladeshi delegation led by Finance Adviser Rashed Al Mahmud Titumir.

According to Radio Pakistan, the Finance Minister welcomed the delegation and emphasized the significance of enhancing economic engagement and institutional cooperation. He appreciated the opportunity to discuss mutual economic interests and shared development priorities. The meeting provided a platform for both sides to exchange perspectives on the global economic environment, challenges facing developing economies, and the importance of maintaining macroeconomic stability while pursuing sustainable growth.

Discussions focused on economic reforms, fiscal management, investment promotion, and measures to strengthen economic resilience. Rashed Al Mahmud Titumir outlined Bangladesh’s economic priorities and reform initiatives, including efforts to promote investment and industrial development.

Both nations acknowledged the importance of exchanging experiences and best practices to address common economic challenges and further their development goals. The meeting explored opportunities for enhanced bilateral trade, investment, industrial cooperation, and connectivity.

The Finance Minister expressed Pakistan’s willingness to engage in closer institutional cooperation, particularly in public financial management and debt management, and facilitate technical exchanges between relevant institutions. Both sides reaffirmed their commitment to maintaining regular dialogue and strengthening bilateral economic cooperation through continued engagement and expertise exchange.