Canada and Pakistan Agree to Boost Canola Trade, Strengthen Economic Ties

Nov 4, 2025 | Economy

Canada and Pakistan have agreed to enhance trade cooperation by facilitating Canadian canola exports to Pakistan, marking a new chapter in bilateral economic relations between the two countries. The understanding was reached following a recent phone conversation between Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar and Canada’s Foreign Minister Anita Anand on October 30, according to a joint statement issued late Monday.

The move comes as Canada seeks to diversify markets for its canola after China imposed preliminary anti-dumping duties on Canadian imports earlier this year. Pakistan, with its growing demand for edible oil and agricultural commodities, presents a promising opportunity for Canadian exporters.

In their discussion, both ministers reaffirmed the “strong and enduring ties” between their nations and highlighted the importance of deepening collaboration in areas of mutual interest. They also welcomed the successful completion of the first round of negotiations on a Foreign Investment Promotion and Protection Agreement (FIPA), led by Pakistan’s Investment Minister Qaiser Ahmed Sheikh and Canada’s Minister of International Trade Maninder Sidhu. The proposed agreement aims to create a transparent and secure environment for investors from both sides.

The statement further noted that both governments intend to expand cooperation in energy security and critical minerals, emphasizing the potential role of Canadian firms in supporting Pakistan’s clean energy and mineral development goals.

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Looking ahead, Islamabad and Ottawa plan to continue discussions in the upcoming sixth round of bilateral consultations, focusing on strengthening government and private-sector linkages. Both sides reiterated their commitment to promoting peace, prosperity, and inclusive growth at both bilateral and global levels.

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