ISLAMABAD — Pakistan’s Finance Minister Senator Muhammad Aurangzeb met with Netherlands Ambassador Robert Jan Siegert in Islamabad to discuss strengthening bilateral trade and economic cooperation between the two countries.
The Dutch envoy was accompanied by a delegation from Engro Corporation and Engro Vopak Terminal Limited (EVTL), including Engro President Ahsan Zafar Syed, EVTL Chief Executive Officer Ammar Shah and Engro Vice President Yasir Ali.
During the meeting, the finance minister emphasized Pakistan’s interest in expanding economic cooperation with the Netherlands and encouraging foreign investment in key sectors of the economy.
Focus on investment and industrial cooperation
Aurangzeb noted that partnerships with international investors play an important role in supporting Pakistan’s economic development, strengthening trade relations and building confidence among global investors.
Ambassador Siegert reaffirmed the Netherlands’ commitment to expanding economic ties with Pakistan and highlighted the role of Dutch companies operating in the country. He said existing collaborations between Pakistani and Dutch firms demonstrate the potential for deeper trade and investment cooperation.
Engro Vopak operations discussed
The Engro delegation briefed the finance minister on the operations of Engro Vopak Terminal Limited, a joint venture between Royal Vopak of the Netherlands and Engro Corporation.
Officials said the terminal has been operating at Port Qasim since 1996 and plays a significant role in Pakistan’s industrial supply chain by handling chemical imports used by downstream industries as well as marine LPG supplies supporting household energy needs.
The delegation also discussed future operational arrangements for the terminal and emphasized the importance of maintaining specialized infrastructure that supports industrial production and supply-chain stability.
Government assures support for foreign investors
Aurangzeb acknowledged the importance of such investments in Pakistan’s industrial ecosystem and reiterated the government’s commitment to providing a transparent and supportive environment for credible foreign investors.
The meeting also included an exchange of views on the evolving regional situation and its potential impact on energy markets and supply chains. The finance minister said the government is closely monitoring developments to ensure adequate availability of petroleum products and manage potential supply disruptions.
Today's E-Paper