Finance Minister Muhammad Aurangzeb on Tuesday said the country was making a steady return to macroeconomic stability and regaining access to international capital markets.

According to a statement issued by the Ministry of Finance on X, Aurangzeb held a meeting in Islamabad with the European Union Ambassador, Raimundas Karoblis, where both sides discussed economic cooperation, investment prospects, and ongoing reforms.

Aurangzeb said Pakistan had “recently re-entered international capital markets after a four-year hiatus through a privately placed Eurobond transaction”, adding that it “witnessed strong investor interest and was successfully upsized”.

He described the development as a sign of improving economic fundamentals, saying it “reflects improving economic fundamentals and signals a positive trajectory for Pakistan’s global financial integration”.

The finance minister said that the government was pursuing a “diversified capital markets strategy”, including future international issuances and innovative financing tools to strengthen external buffers and ensure sustainable financing.

During the meeting, the EU envoy invited Aurangzeb to attend the High-Level EU–Pakistan Business Forum scheduled for April 28 in Islamabad, an invitation the minister accepted. He is also expected to deliver the keynote address titled “Pakistan Rising: Incentives, Reforms, and the Next Investment Frontier”.

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The forum, scheduled for April 28-29, is expected to serve as a major platform to deepen trade and investment cooperation and to bring together a large number of participants, including government representatives, business leaders, and institutional stakeholders from Pakistan and across the EU.

Aurangzeb welcomed the EU’s efforts to bring together international and domestic business leaders, saying such initiatives provide “a valuable platform to showcase Pakistan’s improving business climate and investment potential”.

He also reiterated the government’s focus on macroeconomic stability, foreign exchange reserves, and structural reforms, while expressing optimism about Pakistan’s external sector outlook and continued progress under the GSP+ framework.

The meeting concluded with a commitment from both sides to strengthen Pakistan–EU economic relations and expand trade and investment cooperation.

The EU’s GSP+ offers developing countries preferential access to European markets in return for commitments on sustainable development and good governance.

Under the scheme, eligible countries are required to implement 27 international conventions covering human rights, labour rights, environmental protection, and good governance. In exchange, the European Union reduces import duties to zero on more than two-thirds of the tariff lines applied to its exports. Pakistan is currently one of eight countries that benefit from this scheme.