ISLAMABAD: The United Arab Emirates (UAE) wants enhanced business and investment relations with Pakistan in order to complement the economy of each other and achieve mutually beneficial results.
UAE also want to have more investors of Pakistan to invest in its economic
zones and would encourage its investors to explore Pakistan for business and
investment opportunities.
UAE and Pakistan have good potential to enhance cooperation in many areas
including agriculture, food industry, tourism, hospitality, healthcare and
others.
This was said by Rashid Abdelrehman Al-Ali Deputy Head of Mission of Embassy
of UAE and Ahmed Mohammad Aljneibi Economic Advisor Ministry of Foreign
Affairs and International Cooperation of UAE in a meeting with Muhammad
Shakeel Munir, President, Islamabad Chamber of Commerce and Industry during
their visit to ICCI.
Speaking at the occasion, Muhammad Shakeel Munir, said that Pak-UAE
bilateral relations are based on common foundations of history, religion and
culture and urged the both countries to develop strong trade and economic
relations to achieve more beneficial results.
He said that Pak-UAE bilateral trade in 2021-22 has crossed USD 10 billion
mark and urged UAE to focus on importing more products from Pakistan, which
are very competitive in terms of price and quality.
He said that several companies of UAE are already doing successful business
in Pakistan in aviation, oil, ports and shipping, banking,
telecommunications, insurance, real estate, food and technology sectors and
more should come to Pakistan as many sectors of our economy are offering
attractive opportunities of joint ventures and investment to foreign
investors.
He also thanked the people and the government of UAE for providing generous
support to the flood affectees in Pakistan.
Jamshaid Akhtar Sheikh Senior Vice President, Muhammad Faheem Khan Vice
President ICCI and Industry also spoke at the occasion and shared useful
proposals for further improving bilateral trade and economic relations
between Pakistan and UAE.
