Islamabad is set to welcome the EU-Pak Business Forum this April, with the premier urging Austrian investors to seize emerging economic opportunities in Pakistan’s growing market
MM Report
VIENNA: Prime Minister Shehbaz Sharif on Monday said Pakistan was working with European partners to curb illegal immigration. He made the remarks while addressing the Pakistan-Austria Business Forum in Vienna, where he arrived on Sunday for a two-day visit.
PM Shehbaz expressed his resolve to combat illegal immigration in collaboration with countries including Austria, Germany, and France. Every year, dozens of Pakistanis lose their lives seeking a better future, often falling victim to human smugglers and other criminals. Speaking on the occasion, he emphasized Pakistan’s commitment to boosting bilateral economic cooperation with Austria.
PM Shehbaz highlighted the country’s potential in key sectors such as renewable energy, agriculture, mining, and human resource development. He noted that Pakistan was an agrarian country, with more than 60% of its population living in rural areas. He called upon Austrian expertise to enhance value addition in citrus and other produce for export markets. He also invited Austrian investors to explore opportunities in mining, tourism, and engineering sectors.
“Austria has world-class expertise in engineering, renewable energy, environmental technology, and advanced manufacturing,” the prime minister said, urging Austrian companies to participate in Pakistan’s renewable energy projects, grid modernization, and energy logging initiatives. He extended a personal invitation to Austrian business leaders to visit Pakistan.
PM Shehbaz promised to showcase investment opportunities as well as the country’s scenic treasures, from snow-capped mountains to vibrant cultural hubs. He highlighted the longstanding friendship between the two countries, rooted in historical ties and decades of Austrian business engagement in Pakistan. He noted contributions in areas such as cable car installations, minerals, and renewable energy technology. The prime minister said, “Although the level of economic activity in recent years has declined for a variety of reasons, Austrian firms have made impactful contributions in Pakistan.” He described his discussions with the Austrian Federal Chancellor as warm, fruitful, and productive. Both leaders agreed to follow up themeetings to take discussions to their logical conclusion.
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