UAE, Pakistan Business Council explore ways to enhance trade relations

By Shilpa Annie Joseph, Desk Reporter
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Trade
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UAE Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi and the board of directors of the Pakistan Business Council have discussed various business opportunities and ways to strengthen trade between the two countries.

Dr. Al Zeyoudi said, “We remain prepared to provide full assistance to the Pakistan Business Council members in enabling more Pakistani entrepreneurs and businessmen to explore the opportunities available in the UAE market.”

The UAE is Pakistan’s most important trading partner in the Middle East, as well as a significant source of investment and remittances. The trade volume between the two countries amounted to approximately $8.19 billion in the year 2019.

Ahmed Shaikhani
Ahmed Shaikhani
President
Pakistan Business Council

“I, on behalf of directors and around 600 business members, thank His Excellency Dr. Thani bin Ahmed Al Zeyoudi for his support to the Pakistani business community. This meeting is a new milestone in UAE-Pakistan trade relations. We will work together with Minister of State for Foreign Trade in bolstering the trade and mutual investments between the two countries.”

Since its inception in 2004, the Pakistan Business Council in Dubai has played a critical role in bringing the business communities of Pakistan and the UAE closer together. The Council was established by the Dubai Chamber with the goals of promoting trade, commerce, and mutual investments between the two countries. The Council is planning a major UAE-Pakistan Business and Investment Seminar in collaboration with the UAE Ministry of State for Foreign Trade.

The Pakistan Business Council is comprised of a large number of Pakistani businessmen, businesswomen, investors, and professionals based in the UAE. The council members represent companies from various and diverse sectors like real estate, insurance and finance, industrial machinery, automobiles, business machines, education, print and electronic media, digital advertising, and various Pakistani technology startups.

Related: UAE, Ukraine explore partnership opportunities to boost non-oil trade

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