The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) today announced the signing of several Memoranda of Understanding with companies from the United Kingdom and Scotland on the opening day of the FoodAg 2025 exhibition, signaling growing international business interest in the country”s economic landscape.
The agreements were finalized following discussions between a delegation from the UK and Scotland and the Pak-UK and Ireland Business Council of FPCCI. The signing ceremony was attended by FPCCI Vice Presidents Ms. Qurat-ul-Ain and Mr. Zaki Aijaz, as well as Mr. Owaiz Farooqi, the Commercial Attaché at the Pakistan Consulate in Manchester.
Organised by the Trade Development Authority of Pakistan (TDAP) in collaboration with FPCCI, the major exhibition was inaugurated by Federal Minister for Commerce Mr. Jam Kamal and H. E. Sheikh Ahmad Bin Thani Bin Faisal Al-Thani, Chairman of Qatar’s Al Reyada. The event has gathered thousands of international buyers, exhibitors, and investors from over 80 countries.
Saquib Fayyaz Magoon, Senior Vice President of FPCCI, highlighted the growing global confidence in Pakistan’s economy during the inaugural ceremony. ‘The presence of high-level delegations from Italy, Vietnam, the United Kingdom, Scotland and many other countries at FoodAg 2025 is a clear testament to Pakistan’s improving investment climate and the investor-friendly policies introduced under the Special Investment Facilitation Council (SIFC),’ Mr. Magoon stated.
The opening day also featured a series of high-profile bilateral meetings. An Italian business delegation held detailed discussions with FPCCI officials, who briefed the visitors on the country’s large consumer market and incentives offered through SIFC. The session was also attended by the Commercial Counsellor at the Pakistan Embassy in Rome, Mr. Yasir Hussain Khokhar.
Separately, a Vietnamese delegation, which included representatives from the Vietnam Entrepreneurs Forum (VEF), leading food importers, and electric vehicle manufacturer VinFast, explored opportunities in food trade and potential collaboration in the EV sector with their Pakistani counterparts.
In a message marking the occasion, FPCCI President Mr. Atif Ikram Shaikh noted that the exhibition reflects Pakistan”s potential in the food and agriculture sectors. ‘With liberal investment policies, competitive energy tariffs for industry and the proactive role of SIFC, Pakistan is fast emerging as an attractive destination for foreign investors,’ he said, expressing confidence that the agreements and meetings will translate into substantial trade and investment inflows.