Pakistan Sweden investment cooperation is gaining attention as both countries explore new
ways to strengthen their economic relationship. Federal Minister for the Board of Investment
Qaiser Ahmed Sheikh met Swedish Ambassador Alexandra Berg von Linde in Islamabad on
Friday. Both sides discussed attracting Swedish investors and creating better business
opportunities across different sectors. The meeting focused on improving economic ties and
encouraging stronger cooperation between Pakistani and Swedish companies.
The minister said Pakistan was working to attract foreign investment and support industrial
development. He explained that the government wanted to increase value-added exports and
remove barriers that discourage businesses from investing. He also highlighted improvements
in Pakistan’s economic indicators and external financial position. According to the minister,
stronger international partnerships could help create jobs and support sustainable economic
growth.
Qaiser Ahmed Sheikh identified agriculture and mining as promising sectors for Swedish
investment. He also encouraged Swedish companies to explore information technology and
digital services. Engineering and manufacturing were among the other important areas
discussed during the meeting. He explained that Swedish technology could help Pakistani
businesses improve production methods and introduce modern industrial practices.
The minister also discussed the benefits available in Pakistan’s Special Economic Zones.
Eligible investors may receive income tax exemptions until 2035 under the applicable legal
framework. Certain imported machinery may also qualify for exemptions from import duties and
taxes. These incentives aim to attract new investment and encourage businesses to produce
goods for international markets.
Swedish Ambassador Alexandra Berg von Linde highlighted the longstanding relationship
between the two countries. She mentioned the Pakistani community living in Sweden and the
growing interest among Pakistani students in Swedish universities. She also explained that
Swedish companies operating in Pakistan were represented through the Swedish Business
Council. This organisation provides opportunities to discuss business challenges and explore
potential investments.
The ambassador offered to arrange meetings between government officials and Swedish
business representatives. These discussions could help identify practical difficulties faced by
companies and find suitable solutions. She also expressed Sweden’s interest in supporting
Pakistan’s transition towards cleaner and more sustainable energy. The ambassador highlighted
the importance of small and medium-sized businesses in expanding commercial cooperation.
Another important topic was the Pakistan–Sweden Bilateral Investment Treaty signed in 1981.
The minister said Pakistan had decided to withdraw its earlier notice of termination and review
the treaty framework. Both sides discussed starting the first round of negotiations in November
2026. A Swedish delegation is expected to meet Pakistani officials as part of this proposed
process.
Board of Investment Director General Abdul Samie welcomed Sweden’s interest in the treaty
review. He confirmed that the organisation was ready to work with Swedish counterparts and
support further discussions. Officials also stressed the importance of identifying regulatory
problems that make investment difficult for businesses. These efforts could help create a clearer
and more supportive environment for international investors.
The meeting highlighted opportunities for cooperation in investment and technology alongside
education and sustainable energy. Both countries showed interest in maintaining dialogue and
developing stronger business relationships. Continued International business cooperation could
help Pakistan attract foreign capital and improve industrial development. It could also create
new opportunities for businesses in both countries.
Source: News Research