UAE discusses ways to boost trade & investment cooperation with Pakistan

  • Date: 23-Mar-2023
  • Source: GCC Business News
  • Sector:Retail
  • Country:UAE
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UAE discusses ways to boost trade & investment cooperation with Pakistan

UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi has discussed ways to enhance trade and investment cooperation in areas of mutual interest with Mr. Syed Naveed Qamar, Federal Minister for Commerce of Pakistan.

During the meeting, Dr. Al Zeyoudi emphasized the strong and longstanding relationship between the UAE and Pakistan, which is experiencing continuous growth in the areas of trade and investment due to the leadership’s commitment to strengthen ties.

The meeting was attended by economic officials from both countries. Mr. Al Zeyoudi pointed out that the UAE is Pakistan’s leading investment partner in the region and fifth globally, based on figures released at the end of 2021.

Dr. Thani bin Ahmed Al Zeyoudi

UAE Minister of State for Foreign Trade “The total Emirati investments in Pakistani markets have exceeded $2.5 billion (AED 9 billion), encompassing a wide range of economic and trade activities, including the energy, telecommunications, information technology, financial services, insurance, construction, oil, and natural gas sectors. The ministerial meeting with the Pakistani delegation presents a significant opportunity to strengthen cooperation between the UAE and Pakistan. This will lead to an increase in trade and investment exchange, encourage their business communities to boost their investments, and enable