Ahmed & Qazi has successfully acted as transaction legal counsel in a landmark PKR 3 billion export financing deal signed between the Export Development Fund (EDF) and the EXIM Bank of Pakistan (Pak EXIM).
This pioneering initiative represents a major milestone in Pakistan’s export finance and insurance ecosystem. Under this transaction, the parties have established and funded a first-of-its-kind export insurance risk-sharing pool, designed to strengthen the capacity of export insurance and facilitate greater access to export finance in the country.
A key feature of the transaction was the bespoke documentation and contractual structure innovated and developed by A&Q.
A&Q team was led by Altan Ahmed (Managing Associate), who was assisted by a team of associates at the firm.
Prime Minister Shehbaz Sharif: “These measures reflect the Government of Pakistan’s commitment to promoting the national economy and increasing exports”, adding that such initiatives would help Pakistan emerge as a global hub for investment.
