Elevating their economic relationship, Pakistan and the United Arab Emirates (UAE) have resolved to amplify bilateral trade and boost investment in pivotal sectors. This decision emerged from a strategic meeting held in Abu Dhabi on Saturday.
Dr. Gohar Ejaz (HI, SI), representing Pakistan as the Minister for Commerce, Industries, and Investment, engaged with his UAE counterpart, Dr. Thani Ahmed Al Zeyoudi, Minister of State for Foreign Trade. Their discussions revolved around expanding trade volumes and identifying lucrative opportunities for UAE investment in Pakistan, focusing particularly on services and logistics.
The investment landscape identified includes infrastructural enhancements at ports and aviation facilities, alongside the expansion of shipping and cargo services. Emphasizing investment in cutting-edge technologies and services is seen as a key strategy to uplift efficiency.
Both ministers affirmed their dedication to streamline processes and cultivate an investor-friendly climate, particularly for UAE stakeholders. They acknowledged the immense scope for cooperation in these sectors, foreseeing a boost in trade, job creation, and significant contributions to the economic dynamism of both nations.
Dr. Ejaz, during his address, shared his optimism regarding the future of economic cooperation with the UAE. He underscored the shared aspiration for a robust, interconnected future, facilitating advantageous trade and investment endeavors.
This meeting signifies a crucial advance in Pakistan-UAE economic relations. Targeting infrastructure, technology, and key services for investment, both countries are geared towards achieving sustainable growth and reinforcing their global economic footprint.
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