Vienna(The COW News Digital) During his visit to Austria, Shahbaz Sharif hosted a high-level business roundtable, where Austrian investors and business leaders expressed readiness to invest in Pakistan. The event highlighted opportunities for economic collaboration across trade, technology, and innovation sectors.
Prime Minister Shahbaz Sharif invited Austrian investors to explore opportunities in Pakistan, emphasizing the country’s investor-friendly reforms and growing market potential. The call was met with positive responses, with several investors confirming their interest in exploring joint ventures and projects.
Ishaq Dar, Pakistan’s Deputy Prime Minister and Foreign Minister, stressed the need to expand cooperation between Pakistan and Austria in trade, investment, and technology. Speaking at the roundtable, held at the Austrian Federal Economic Chamber, he emphasized that stronger economic ties could unlock mutual prosperity for both nations.
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Ishaq Dar highlighted ongoing economic reforms in Pakistan, including measures to facilitate ease of doing business and provide a conducive environment for investors. He underscored Pakistan’s commitment to creating an investor-friendly climate that supports long-term growth and business stability.
The forum, chaired by Prime Minister Shahbaz Sharif, brought together leading business personalities from both countries. Discussions centered on leveraging Austria’s technical expertise and Pakistan’s dynamic market and youthful workforce to foster collaboration, particularly in technology transfer and joint projects.
Dar emphasized that strategic partnerships between Austrian companies and Pakistani enterprises could lead to sustainable development and create new opportunities in the wider European region. He also noted that institutional cooperation and continuous political engagement would be crucial to building long-term, mutually beneficial relationships.
The roundtable concluded with a reaffirmation of Pakistan’s commitment to deepening bilateral economic relations. Officials expressed confidence that enhanced business ties, combined with government reforms and investor incentives, would pave the way for substantial growth in trade, technology exchange, and cross-border collaboration.
This engagement marks a significant step toward strengthening Pakistan-Austria economic relations, demonstrating Pakistan’s focus on attracting foreign investment while fostering innovation and sustainable business development.
