FPCCI launches Pakistan-EU forum to boost trade and investment ties

KARACHI: Atif Ikram Sheikh, president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has announced the launch of the Pakistan-EU Forum.

This initiative aims to strengthen economic and trade relations between Pakistan and EU member states, fostering growth and development for the business community, Sheikh said in a statement on Wednesday.

The forum’s objectives include the effective utilisation of Pakistan’s Generalised System of Preferences Plus (GSP+) status to enhance trade, investment, and economic cooperation. It will focus on building stronger business ties between Pakistan and EU states, with a particular emphasis on eastern Europe.

The forum will also engage with EU delegations in Pakistan to exchange firsthand information on economic activities and maintain a supportive environment for trade and investment, Sheikh added.

The forum will conduct market research to identify new opportunities for trade and economic collaboration. Besides this, it will provide guidance and awareness to small and medium-sized enterprises (SMEs) on meeting EU market requirements.

The Pakistan-EU Forum will collaborate with the ‘EU Business Network’, set to be launched by the EU Office in Islamabad on May 14, 2025. This partnership is expected to further boost bilateral trade and investment between Pakistan and EU countries.