ISLAMABAD – In a landmark move to fortify economic relations, Pakistan and the United Arab Emirates (UAE) have pledged to amplify their bilateral trade and streamline investment processes. A strategic discussion led by Pakistan’s Minister for Commerce, Industries and Investment, Dr Gohar Ejaz, and the UAE Minister of State for Foreign Trade, Dr Thani Ahmed Al Zeyoudi, in Abu Dhabi, underscored both countries’ commitment to economic prosperity.
The meeting focused on expanding trade and capitalizing on investment in pivotal service and logistics sectors. The two nations identified the potential for the UAE to invest in Pakistan’s infrastructure, such as port development, transit hubs, aviation facilities, and advanced service technologies, to boost efficiency and connectivity.
Reaffirming their dedication, both ministers agreed to simplify business procedures to attract UAE investors, recognizing the significant prospects for joint ventures in these domains. This collaboration is anticipated to spur job creation and galvanize economic growth within Pakistan and the UAE.
Dr Ejaz remarked on the positive trajectory of Pak-UAE economic ties: “The opportunities from our economic cooperation with the UAE are promising. Our shared aspiration for a dynamic, connected future opens the door to reciprocal investments and trade endeavors.”
This critical dialogue heralds a new era in the Pak-UAE economic partnership. With investments in infrastructure, cutting-edge technology, and essential service sectors, Pakistan and the UAE set their sights on sustainable growth and a reassured position in the international market.