Malaysia Invites Pakistani Exporters to Expand in Islamic Finance, Palm Oil, and Technology
karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hosted an interactive consultative session with Dato’ Mohammad Azhar Mazlan, High Commissioner of Malaysia in Pakistan. The meeting brought together top business leaders, diplomats, and stakeholders to identify opportunities in trade, industry, and investment.
FPCCI President Atif Ikram Sheikh said the Malaysian envoy and his team assured their support in correcting Pakistan’s trade deficit with Malaysia by facilitating exporters and providing enhanced market access. “The Pakistan–Malaysia Free Trade Agreement offers a strong foundation to build partnerships in IT, agriculture, edible oil, textiles, and renewable energy,” Sheikh noted.
High Commissioner Mazlan reaffirmed Malaysia’s interest in strengthening economic partnerships with Pakistan, pointing to Malaysia’s expertise in Islamic finance, palm oil, food processing, tourism, and technology. He urged Pakistani businesses to use Malaysia as a gateway to ASEAN markets, while inviting FPCCI members to explore Malaysia as a serious business destination, backed by investor-friendly policies and a dynamic economy. He was accompanied by Consul General Herman Hardynata Ahmad and senior diplomats.
FPCCI Senior Vice President Saquib Fayyaz Magoon underlined the need to expand Pakistan’s exports to Malaysia, noting that while bilateral trade is growing, Pakistan faces a trade deficit of $445 million. “Our exports stand at $515 million, while imports from Malaysia reach $960 million,” he said, adding that FPCCI is working to facilitate joint ventures and remove trade barriers.
Bashir Janmohammed, Chairman of the Pakistan–Malaysia Business Council (PMBC), delivered the welcome address, stressing Malaysia’s role as a strategic partner. “This meeting is a critical step toward unlocking opportunities in halal trade, technology, and sustainable development,” he remarked.
The session concluded with a robust discussion on boosting trade, easing business visa processes, and promoting joint initiatives in high-growth sectors including Edible Oil, AgriTech, FinTech, and IT.
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