Canada and Pakistan held negotiations on a Bilateral Investment Treaty (BIT) between Pakistan and Canada, at the Special Investment Facilitation Council (SIFC), Islamabad.

The Canadian delegation was led by the High Commissioner of Canada to Pakistan (@CanHCPakistan), while the Pakistani delegation was led by the Secretary, SIFC Jamil Ahmed. Secretary National Security Division (NSD) Sajid Baloch also participated in the meeting. Officials from relevant ministries and departments of both countries are taking part in the negotiations.

In the opening remarks, the Secretary, SIFC, and the Secretary, NSD, welcomed the Canadian delegation and expressed appreciation to the High Commissioner and his team for their constructive engagement and continued commitment to advancing the negotiations. They underscored the importance of the proposed BIT in further strengthening bilateral economic relations, noting that its successful conclusion would mark a significant milestone in Pakistan–Canada relations. The agreement is expected to provide investors in both countries with a predictable, transparent and stable legal framework, thereby helping to foster and promote greater bilateral investment.

The Canadian team thanked the Government of Pakistan for hosting the negotiating round and acknowledged its constructive and cooperative approach. He reaffirmed Canada's commitment to working towards an early, balanced and mutually beneficial agreement that serves the interests of both countries and their respective business communities.

Both delegations recognized the potential of the proposed BIT to complement the expanding economic engagement between Pakistan and Canada and further consolidate the longstanding and cordial relations between the two countries.

The positive role played by the High Commissioners of both countries was appreciated.