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Trade between pakistan and the united arab emirates reaches 10 billion dollars

DUBAI: A ceremony was held in Dubai by the Pakistan Business Council Dubai, which was attended by Pakistan’s Consul General, Hussain Muhammad.

Speaking at the event, Hussain Muhammad stated that the trade between Pakistan and the UAE has reached 10 billion dollars and that bilateral trade could grow threefold. He also mentioned that a delegation of Emirati businessmen would be taken to Pakistan.

Shabbir Merchant, Chairman of the Pakistan Business Council, emphasized that startups would be given central importance in the Pakistan-UAE trade strategy.

The Pakistani business community has called for an Economic Partnership Agreement (CEPA) to boost trade between Pakistan and the UAE, as such an agreement could lead to reductions in trade tariffs.

The Pakistan Business Council Dubai stated that a reduction in trade tariffs would help promote Made-in-Pakistan products.