Aamna Aamna 
Speaking at a luncheon arranged by the Pakistan Business Council here in Dubai, Pakistan’s Commerce Minister Jam Kamal Khan emphasized that the private sector would play an important role in expediting the trading and investment relationships between Pakistan and the United Arab Emirates. This meeting was held at the Pakistan Association of Dubai had more than 100 successful Pakistan businessmen and officials was a conference to discuss trade relations and investment between Pakistan and Dubai.
UAE is Pakistan’s third largest trading partner after China and the USA with more than $10 billion in investments in the last 20 years. The geographical relation between the two countries has also contributed to making UAE a preferred export partner of Pakistan as the transportation and freight costs are relatively low and Royal Cargo has easy access to do the business.
The Pakistani expatriate community in the UAE is more than a million people; they contributed immensely to the economic relationship between Pakistan and the UAE. Minister Khan thanked them for their input before adding that the bilateral relationship between Pakistan and the UAE is built on respect, trust, and a common desire for future progress.
In January last year, Pakistan and the UAE had a meeting of their economic cooperation as both nations entered into more than $3 billion worth of agreements. These, including railway projects, economic zones, and infrastructure development, were announced during the visit of Pakistani Caretaker Prime Minister Anwaar-ul-Haq Kakar to the World Economic Forum.
The outgoing board of the Pakistan Business Council was also praised by Minister Khan, who said he was confident that the new board would work in harmony with the Pakistan Consulate. He encouraged business people to take advantage of such when investing in a bid to improve the trade between the two countries and look for other areas of growth.
