A special delegation from Canada has arrived to carry on the discussions of the third round of negotiations on a Bilateral Investment Treaty between Pakistan and Canada in Islamabad today. The three-day round runs from 19 to 21 October 2026 and is being held at the Special Investment Facilitation Counci, SIFC, Islamabad.
The Canadian delegation is led by the High Commissioner of Canada in Islamabad. The Pakistani delegation is led by the Secretary, SIFC. Officials from relevant ministries and departments of both countries are taking part.
In his opening remarks, the Secretary SIFC welcomed the Canadian delegation and thanked the High Commissioner and his team for their engagement and commitment to the process. He said the conclusion of the BIT would be a significant milestone in Pakistan–Canada relations.
It would give investors on both sides a predictable, transparent and stable legal framework and would strengthen the flow of foreign direct investment between the two countries.
The Canadian High Commissioner, thanked Government of Pakistan for hosting the round and for its constructive approach. He reaffirmed Canada’s commitment to an early and balanced agreement that serves the interests of both countries and their business communities.
Both sides expressed their interest and readiness to continue deliberations on the follow-up items from the previous rounds. They agreed to use the three days of negotiations to cover as much ground as possible and moving toward finalisation of the treaty text.
Both delegations noted that the BIT would complement the growing economic ties between Pakistan and Canada. They expressed confidence that the round would be productive and would carry the negotiations forward.
The Canadian delegation, during a meeting with the Secretary SIFC, also highlighted the interests of Canadian investors in Renewable Energy, Mining, Agriculture and Information Technology sectors of Pakistan.