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UAE looks to strengthen business and investment ties with Pakistan

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ISLAMABAD: The United Arab Emirates (UAE) wants to strengthen business and investment relations with Pakistan to achieve mutual economic complementarity and achieve mutually beneficial outcomes.

UAE also wants more Pakistani investors to invest in its economy
region and will encourage its investors to explore Pakistan’s business and
Investment Opportunities.

Great potential for UAE and Pakistan to strengthen cooperation in many areas
including agriculture, food industry, tourism, hospitality, healthcare and
other.

Rashid Abdelrehman Al-Ali Deputy Head of the Embassy said
UAE and Ahmed Mohammad Aljneibi Economic Adviser, Ministry of Foreign Affairs
UAE affairs and international cooperation meet Mohammed
Shakeel Munir, Chairman of Islamabad Chamber of Commerce and Industry
their visit to ICCI.

Speaking on the occasion, Muhammad Shakeel Munir said that Pak-UAE
Bilateral relations are based on shared history, religion and
culture and urge both countries to develop strong trade and economies
relationship for a more favorable outcome.

He said that the bilateral trade volume between Pakistan and Afghanistan in 2021-22 has exceeded 10 billion US dollars
Mark and urged the UAE to focus on importing more products from Pakistan, which
Very competitive in price and quality.

He said that several companies in the UAE have launched successful businesses
Aviation, Oil, Port and Shipping, Banking,
telecommunications, insurance, real estate, food and technology industries and
More should come to Pakistan as many sectors of our economy are providing
Attractive opportunities for joint ventures and foreign investment
investor.

He also thanked the people and government of the UAE for their generosity
Support flood victims in Pakistan.

Jamshaid Akhtar Sheikh Senior Vice President, Muhammad Faheem Khan Vice President
The ICCI president and industry also spoke at the conference, sharing useful information
Suggestions for Further Improving Bilateral Economic and Trade Relations
between Pakistan and the United Arab Emirates.

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