Islamabad: Pakistan and Denmark have agreed to sustain the positive momentum of bilateral cooperation across economic, developmental, and environmental spheres. The understanding was reached during a meeting between Finance Minister Muhammad Aurangzeb and the newly appointed Ambassador of Denmark to Pakistan, Her Excellency Maja Mortensen, in Islamabad today.

According to Radio Pakistan, the Finance Minister reaffirmed the government’s commitment to strengthen ties with Denmark, particularly in trade, investment, energy cooperation, and sustainable development. He emphasized the government’s focus on enabling foreign investors, acknowledging past challenges faced by some companies. He assured that Pakistan has cleared outstanding foreign payment backlogs and is maintaining a positive trajectory in its fiscal and monetary stabilization efforts.

The Minister was briefed about Denmark’s major wastewater treatment project in Faisalabad, being implemented in partnership with WASA. The project will feature a six-year engagement model to ensure sustainability and effective knowledge transfer.

The Ambassador noted that three Danish delegations are visiting Pakistan this week, indicating the growing engagement between the two countries. She discussed the strong commercial interest Danish companies continue to maintain in Pakistan, including engagements in logistics, maritime infrastructure, manufacturing, and energy. She noted that several firms remain keen to expand operations in Pakistan.

The Ambassador highlighted Denmark’s comprehensive government-to-government cooperation program in the energy sector, supported by the Danish Energy Agency, which focuses on energy modelling, infrastructure planning, grid efficiency, and capacity building. She expressed interest in engaging with the Danish Business Club in Pakistan and undertaking visits to Lahore and Karachi in the coming weeks to meet industry leaders and strengthen commercial ties.