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DNA
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. The UAE also wants more Pakistani investors to invest in its economic zone and encourages its investors to explore Pakistan for business and investment opportunities. The UAE and Pakistan have good potential to strengthen cooperation in many fields such as agriculture, food industry, tourism, hospitality, healthcare and many others. Rashid Abdelrehman Al-Ali, Deputy Head of Delegation at the UAE Embassy, ​​and Ahmed Mohammad Aljneibi, Economic Adviser at the UAE Ministry of Foreign Affairs and International Cooperation, said during a meeting with Muhammad Shakeel Munir, Chairman of the Islamabad Chamber of Commerce and Industry, during the visit to ICCI. Jamshaid Akhtar Sheikh Senior Vice President, Muhammad Faheem Khan Vice President ICCI, Umar Masood ur Rehman Vice President FPCCI, Sajjad Ali President Mohmand Chamber of Commerce and Sherafgan Malik Senior Vice President Haripur Chamber of Commerce and Akhtar Hussain Executive Member ICCI also attended.
Mohammad Shakir Munir, chairman of the Islamabad Chamber of Commerce and Industry, delivered a speech at the meeting, saying that the bilateral relations between Pakistan and the UAE are built on the common basis of history, religion and culture, and stressed that the two countries should develop strong economic and trade relations to achieve greater success. beneficial results. He said that the bilateral trade volume between Pakistan and Afghanistan has exceeded the US$10 billion mark in 2021-22, and the UAE should focus on importing more products from Pakistan, which are highly competitive in terms of price and quality. He said that several UAE companies have already had successful operations in Pakistan in aviation, oil, ports and shipping, banking, telecommunications, insurance, real estate, food and technology, and more should come to Pakistan as many of our economy All sectors are offering joint venture and investment opportunities that are attractive to foreign investors. He also thanked the people and government of the UAE for their generous support to flood victims in Pakistan.
Jamshaid Akhtar Sheikh Senior Vice President, Muhammad Faheem Khan Vice President ICCI, Umar Masood ur Rehman Vice President FPCCI, Sajjad Ali President Mohmand Chairman of Chamber of Commerce and Industry and Sherafgan Malik Senior Vice President Haripur Chamber of Commerce and Industry also spoke at the meeting, sharing further improvements Useful advice on bilateral trade and economic relations between Pakistan and UAE. The two sides also discussed the establishment of a Pakistan-UAE Business Council to further promote commercial relations between Pakistan and the UAE.
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