Economic Diplomacy Directorate
Economic diplomacy plays a vital role in advancing a country’s national interests in an increasingly interconnected global economy by using diplomatic channels to promote trade, attract foreign investment, secure market access, and build strategic economic partnerships. Within the Ministry of Foreign Affairs (MoFA), the Economic Diplomacy (ED) Division performs following critical functions to achieve these goals.
1.Engagement with International and Multilateral Organizations
ED Directorate continues to engage with International and multilateral organizations with economic portfolio, to advocate national economic priorities, shape global economic policies, and mobilize development cooperation. It serves as focal point for Pakistan’s engagement, correspondence, and participation in the following organizations:
Multilateral & Regional Economic Cooperation Bodies
United Nations System & Specialized Agencies
International Trade, Transport & Infrastructure
Finance & Development Institutions
Knowledge, Intellectual Property & Innovation
Health & Safety Organizations
Parliamentary & Governance Institutions
2.Diplomatic and Technical Coordination
ED Directorate ensures diplomatic and technical coordination with relevant ministries, missions abroad, and stakeholders to align foreign policy with economic objectives and effectively negotiate trade, investment, and development agreements. Main activities include:
3.Diplomatic Training & Capacity Building
ED Directorate strengthens diplomatic training and capacity building by equipping diplomats and officials with the necessary skills, knowledge, and analytical tools to navigate complex economic issues, thereby enhancing the country’s ability to compete, cooperate, and prosper in the global arena. It manages Pakistan’s engagement in international training cooperation, including:
4.Export Promotion and Sectoral Support
ED Directorate also extends support for international exhibitions and promotion initiatives including:
5.Interagency Coordination and Stakeholder Engagement
ED Directorate coordinates with President and Prime Minister’s Offices, relevant Ministries, Divisions, and agencies of Pakistan, Pakistan Missions Abroad and foreign diplomatic missions in Islamabad, Economic Affairs Division (EAD), Ministry of Commerce, and STZA and Chambers of Commerce in relation to trade and economic activities to achieve overall goals and objectives of economic growth.
Special Investment Facilitation Council (SIFC)
In order to facilitate, fast-track and protect foreign investments, the Government of Pakistan has established a high-level oversight committee, known as the Special Investment Facilitation Council (SIFC). The SIFC is headed by the Prime Minister of Pakistan and includes all federal and provincial Ministers, Secretaries as well as high level representation from the armed forces of Pakistan.
The Council is primarily geared towards facilitating government level, large-scale investments in the lucrative sectors of Mining and Minerals, Energy, Agriculture, livestock, IT and defense production. These sectors carry immense potential of profitability and development on win-win basis. The Government of Pakistan is open to investments in these sectors from governments of all countries in the region and beyond. Such investment will be prioritized, fast-tracked and facilitated under the supervision of SIFC at the Prime Minister’s office.
In order to enhance coordination with the SIFC Secretariat, Ministries, Pakistan Missions Abroad, Resident Missions in Islamabad and the private sector, the Ministry of Foreign Affairs has established a dedicated SIFC Directorate. The Division is focused on supporting the Government’s initiatives and efforts towards trade promotion, investment promotion, exploring workforce opportunities and training, tourism promotion and economic coordination.