Commerce Minister Kamal leaves for South Korea to sign trade partnership

Pakis­tan and South Korea are set to sign a landmark Economic Partnership Agreement (EPA) to double the bilateral trade volume. Commerce Minister Jam Kamal has left for South Korea to sign the EPA with his counterpart in Seoul, marking a new era of economic collaboration between the two countries, according to an official announcement of the commerce ministry on Tuesday. Mr Kamal’s three-day visit aims to boost bilateral economic relations and foster trade and investment opportunities under the EPA. The agreement also aims to position Pakistan as a competitive destination for Korean manufacturing operations, leveraging the nation’s strategic location and lower production costs. Mr Jam will meet with the Korean trade minister, leading investors, and representatives from K-EXIM Bank to discuss the expansion of financial cooperation.