Introduction & Overview

The Commercial Wing at the Embassy of Pakistan in Budapest has been established to enhance economic cooperation between Pakistan and Hungary through trade, investment, and innovation.

As Pakistan’s first commercial presence in Hungary, the Wing provides a direct channel for businesses, investors, and trade bodies to connect, explore opportunities, and access information about both markets. Our goal is to build lasting partnerships that translate into real growth and value for both countries.|

Trade Profile 

Pakistan is a diversified exporting economy with textiles and apparel at its core, complemented by rice, leather, and surgical instruments. Key destinations include the United States, the European Union, and regional partners; within the EU, preferential access under GSP+ (through 2027) supports competitiveness for many industrial products.

GSP Plus

Pakistani products have duty free access in all 27-member states of the European Union (EU) since 1st January 2014. This duty-free access is available under European Union’s ‘Special Incentive Arrangement for Good Governance and Sustainable Development’ (GSP Plus) which is a pivotal mechanism for improving economic relations between Pakistan and EU, whereby Pakistan is given zero rated preference on almost 66% tariff lines to the EU market. This arrangement has helped Pakistani products to compete successfully with similar products originating from competitors.

Trade with Pakistan

Ministry of Commerce

Ministry of Commerce is the policymaking body overseeing Pakistan’s international trade, export promotion, and market access strategies. It works to diversify exports, negotiate trade agreements, and align Pakistan’s policies with global standards.
https://commerce.gov.pk/

Trade Development Authority of Pakistan (TDAP)

Trade Development Authority of Pakistan (TDAP) is the premier agency driving Pakistan’s export growth and global trade engagement. As the country’s apex export promotion body under the Ministry of Commerce, TDAP facilitates trade by supporting businesses, organizing international exhibitions, promoting innovation, and connecting Pakistani exporters to global markets. With over 55 International trade missions and strategic collaborations, TDAP remains at the forefront of positioning Pakistan as a key player in world trade.
https://tdap.gov.pk/

Intellectual Property Organization (IPO)

The IPO Pakistan ensures the protection and promotion of intellectual property rights (IPRs) through a balanced and accessible system, encouraging creativity and innovation.
https://ipo.gov.pk/

Federation of Pakistan Chamber of Commerce & Industry (FPCCI)

The FPCCI is playing an active role in promoting economic activities as well as identifying problems of trade, industry, services, investments, environment and safeguarding the interest of the private sector through constant dialogue with the Government.
https://fpcci.org.pk/

Pakistan Trade Portal

The Pakistan Trade Portal is the country’s leading B2B platform for global trade, serving as a comprehensive resource for businesses seeking to connect with Pakistani exporters and service providers.

Through the portal, companies can register directly, search verified suppliers, access trade data, and even place product or sourcing inquiries online. It consolidates essential information on Pakistan’s trade policies, tariffs, export regulations, and market opportunities; providing a one-stop platform for facilitating cross-border business engagement.

The portal is managed by the Trade Development Authority of Pakistan (TDAP) to ensure authenticity, transparency, and ease of access for international buyers and local exporters alike.
https://www.pakistantradeportal.gov.pk/

Upcoming Trade Fairs

Food & Agriculture Exhibition 2025

FoodAg is TDAP’s flagship international agro-food exhibition, designed to showcase the strength and diversity of Pakistan’s agricultural sector to a global audience. Returning for its third edition from November 25–27, 2025 in Karachi, FoodAg 2025 will bring together over 500 exhibitors and more than 850 international buyers from 80+ countries. With the the theme “Harvesting Innovation, Cultivating Sustainability,” the event will spotlight advancements in food production, processing, and exports. FoodAg offers a strategic platform for trade, investment, and global collaboration—driving Pakistan’s vision of becoming a key contributor to global food security.
https://agro.tdap.gov.pk/

Invest in Pakistan

Special Investment Facilitation Council (SIFC)

The SIFC serves as a one-window platform for investors, simplifying coordination and decision-making at all levels of government. It prioritizes fast-tracked investments in key sectors including agriculture, information technology, energy, and minerals.
https://www.sifc.gov.pk/

Board of Investment (BOI)

The Board of Investment (BOI) is Pakistan’s premier investment promotion agency, tasked with attracting, facilitating, and sustaining both local and foreign investment across sectors. It serves as the focal point for investors, providing a single-window interface with federal and provincial agencies, coordinating approvals, and offering regulatory guidance. The BOI also promotes Pakistan overseas, supports joint ventures, and helps turn investment intentions into real operational projects
https://invest.gov.pk/

Priority Sectors

Agriculture & Livestock

Agriculture and livestock are foundational to Pakistan’s economy, and under the SIFC mandate they receive renewed strategic focus. The Green Pakistan Initiative (GPI), spearheaded by SIFC, seeks to bring millions of acres of underutilized land into productive use through modern farming, precision irrigation, and technology-driven agribusiness.
Livestock, a robust sub-sector, plays a critical role in growth — even in times of crop volatility — and the initiative aims to enhance dairy, meat, and allied value chains with innovation, scalability, and export readiness. The sector’s transformation is envisioned not just as an expansion of output, but as an elevation of quality, sustainability, and market competitiveness.

Learn more about investment opportunities on
https://www.sifc.gov.pk/agricuture-sector

IT & Telecom

IT & Telecom is among Pakistan’s fastest-growing sectors, marked by innovation, connectivity, and export potential. Under the SIFC agenda, the focus is on scaling digital infrastructure, enabling startups, expanding ICT exports, and investing in emerging technologies such as AI, fintech, and cloud services. The goal is to build globally competitive IT and telecom enterprises that leverage Pakistan’s young, tech-savvy talent pool and provide regional digital leadership.

Learn more about investment opportunities on
https://www.sifc.gov.pk/ITmainPage

Mines & Minerals

Mining and minerals represent one of Pakistan’s most under-utilized yet high-potential sectors. Under SIFC’s vision, this sector is being modernized through exploration, geological mapping, and sustainable extraction practices. The goal is to transform Pakistan into a competitive supplier of critical minerals, including industrial, metallic, and non-metallic resources, while attracting investment in value addition and downstream processing. SIFC is committed to ensuring transparent licensing, environmental safeguards, and world-class regulatory frameworks to support responsible growth in this sector.

Learn more about investment opportunities on
https://www.sifc.gov.pk/MineralsMainPage

Energy (Petroleum & Power)

Pakistan’s energy sector is central to its growth trajectory, and under SIFC it is positioned for transformation through renewable technologies, improved infrastructure, and private investment. With a focus on solar, wind, hydropower, and clean energy solutions, SIFC aims to attract investors who can help modernize generation, distribution, and storage capacities. By streamlining regulatory policies, enabling public-private partnerships, and promoting green energy initiatives, the goal is to ensure a reliable, sustainable, and cost-effective power supply that supports both industrial growth and community development.

Learn more about investment opportunities on
https://www.sifc.gov.pk/EnergyMainPage

Industry, Tourism & Privatization 

The Industry, Tourism & Privatization segment under SIFC emphasizes revitalizing Pakistan’s industrial base, promoting responsible privatization, and unlocking potential in tourism as a growth engine. The strategy is to modernize manufacturing, upgrade industrial clusters, and support public-private partnerships that encourage innovation, efficiency, and export competitiveness. In tourism, efforts focus on sustainable heritage development, infrastructure investment, and global marketing to attract travelers and investors alike. The privatization agenda aims to bring transparency, professionalism, and strategic management to state assets, ensuring these enterprises serve broader economic goals and deliver value.

Learn more about investment opportunities on
https://www.sifc.gov.pk/IndustryMainPage

Joint Venture in the Oil Sector 

MOL Pakistan, a fully owned subsidiary of MOL Group, has been operating in the country since 1999. Pakistan plays a pivotal role in the company’s international portfolio, particularly in production and exploration. MOL Pakistan holds working interests in four blocks, operating the TAL and Margalla blocks, while the Karak and DG-Khan blocks are non-operated. Additionally, the company is a major producer of condensate, crude oil, LPG, and natural gas in Pakistan, contributing significantly to the country’s energy supply.

MOL Pakistan has around US$ 305 million Foreign Direct Investment in Pakistan. It is one of the largest producers of LPG as well as crude /condensate in Pakistan.

Special Economic Zones (SEZs)

Pakistan’s Special Economic Zones (SEZs) are strategic platforms designed to attract investment, boost industrial growth, and enhance export competitiveness. These zones offer a business-friendly ecosystem with incentives such as tax holidays, duty exemptions, streamlined regulatory processes, and infrastructural support.

These zones are tailored to support both domestic and foreign investors seeking to scale operations, leverage export potential, and integrate into global value chains.

Discover more about SEZs on https://invest.gov.pk/sez?language_id=en

Trade Enquiry