Pakistan has entered into a collaboration with the Czech Republic to establish electric vehicle (EV) manufacturing plants.

This partnership aims to strengthen trade relations and promote green technologies. The Federal Minister for Economic Affairs, Ahad Cheema, discussed the collaboration with H.E. Ladislav Steinhubel, the Czech Ambassador to Pakistan.

Both parties agreed to form Joint Working Groups (JWGs) to focus on specific sectors ahead of the Pak-Czech Joint Ministerial Commission (JMC) meeting, scheduled for April 2025 in Islamabad.

This meeting is expected to enhance trade and cooperation, particularly in areas such as renewable energy, information technology, and healthcare.

Minister Cheema highlighted that trade between Pakistan and the Czech Republic currently stands at US$ 84 million. He stressed the importance of increasing this figure, particularly through sectors with significant potential, such as green technologies and nanotechnology.

He also welcomed the recent activation of the Agreement on Economic Cooperation between the two nations, which is expected to facilitate deeper economic collaboration.

A key objective of this partnership is the establishment of EV manufacturing plants in Pakistan. The Czech Republic, recognised for its technological expertise, is well-positioned to support Pakistan's development of its EV industry. The plants will play a crucial role in Pakistan's efforts to reduce pollution and promote cleaner transportation.

The Czech Ambassador reaffirmed his country's strong commitment to expanding ties with Pakistan.

Both sides are optimistic that this collaboration will lead to new business opportunities and enhanced cooperation in both traditional and emerging sectors.

This partnership represents a significant milestone for Pakistan's EV industry and its relationship with the Czech Republic.