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Pakistan, France Reaffirm Commitment to Strengthening Economic Cooperation

Pakistan

Islamabad, March 27, 2026 – The Europe Today: Federal Minister for Finance and Revenue, Muhammad Aurangzeb, on Thursday held a meeting with Nicolas Galey, Ambassador of France to Pakistan, to discuss avenues for enhancing bilateral economic engagement and cooperation.

Welcoming the ambassador, the minister emphasized the significance Pakistan attaches to its longstanding and multifaceted relationship with France, particularly in the areas of economic cooperation, investment, and development partnership, according to an official news release.

Senator Aurangzeb reaffirmed Pakistan’s commitment to maintaining macroeconomic stability and advancing structural reforms aimed at fostering sustainable economic growth. He briefed the ambassador on the government’s economic priorities, highlighting ongoing efforts to preserve hard-earned stability amid evolving global and regional challenges.

The minister noted that the government is actively monitoring international developments and preparing timely policy responses to safeguard economic gains, ensure continuity in critical supply chains, and sustain investor confidence.

Discussions also covered Pakistan’s engagement with international financial institutions, particularly its ongoing programme with the International Monetary Fund. Aurangzeb reiterated the country’s commitment to its reform agenda under the IMF-supported programme and expressed confidence in continued progress, describing engagements with the Fund as constructive and forward-moving.

Ambassador Galey appreciated Pakistan’s efforts toward economic stabilization and reform, acknowledging the country’s resilience in navigating external challenges. He reaffirmed France’s continued support for Pakistan’s economic development and expressed interest in further expanding bilateral cooperation across key sectors.

Both sides also exchanged views on the evolving international landscape and its potential implications for global energy markets and broader economic conditions. The finance minister underscored that the government is closely monitoring developments and engaging with relevant stakeholders to manage risks related to energy supply and pricing, while ensuring appropriate policy measures are in place to address emerging challenges.