Pakistan’s trade with UAE to surpass $10.6bln in 2023

Pakistan’s trade with UAE to surpass $10.6bln in 2023

ABU DHABI - The bilateral trade between Pakistan and the United Arab Emirates is expected to grow double from the US$10.6 billion volume achieved in 2021-2022, Pakistan’s top diplomat in the UAE said.

The last calendar year recorded a US$10.6 billion in trade “the highest volume Pakistan had in the Middle East and North Africa (MENA) region,” he added.

“The potential is much more. I have been tasked by the political leadership of my country to increase trade, promote business opportunities, investment and elevate cultural interaction between Pakistan and the UAE,” Ambassador Faisal Niaz Tirmizi told the Emirates News Agency (WAM) in an exclusive interview at the Embassy of Pakistan in Abu Dhabi.

Tirmizi, who assumed his responsibilities as Pakistan's new Ambassador to the UAE in October 2022, spoke in detail about topics concerning Pakistan-UAE relations, economic cooperation, climate change, tourism, and cultural exchanges.

Pakistan-UAE relations

Ambassador Tirmizi said that the UAE and Pakistan enjoy historic relations. “Pakistan was the first country to send its ambassador six months before the formation of the UAE. Our first Amb. Jamiluddin Hassan came to the UAE in June 1971.

“We sent our economic, agriculture, and defence advisors way before that,” Mr. Tirmizi who served as a counsellor during 2007-2010