Pakistan Africa Economic Council

The Pakistan Africa Economic Council's central purpose is to promote a "paradigm shift in partnership," leveraging economic synergies, technological transfer, and cultural exchange to foster mutual prosperity. Key objectives include expanding bilateral trade volume to $15 billion by 2030 and facilitating substantial Pakistani investment in African markets, positioning Pakistan as a crucial intermediary between Africa and Asia. The document emphasizes the importance of South-South cooperation and the urgency of seizing the opportunity presented by Africa's growing markets and Pakistan's manufacturing capabilities to create a robust and mutually beneficial partnership. The PAEC functions as a multidimensional catalyst, addressing areas like trade, education, industrial collaboration, and diplomatic engagement, while aligning with both Pakistan's "Look Africa" policy and the African Continental Free Trade Area.