Trade relations between the UAE and Pakistan are going strong

The overall value of commerce between the UAE and Pakistan reached Dhs19.7 billion in 2021, representing a growth rate of 23% in comparison to the year 2020; moreover, the growth rate of trade volume between Ajman and Pakistan reached 30% over the course of the previous five years.

Chairman of the Board of Directors of the Ajman Chamber of Commerce and Industry (ACCI), Abdullah Al Muwaiji, has stated that the Chamber is eager to consolidate its external relations and build strong partnerships in order to accomplish long-term, sustainable growth for the economy of the Emirate of Ajman.

This came about during his meeting at the headquarters of the Chamber with Faisal Niaz Tirmizi, the Ambassador of the Islamic Republic of Pakistan to the UAE.

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During this meeting, they examined available investment opportunities in the industry, trade, tourism, and education sectors. Additionally, they discussed ways to strengthen bilateral relations.

Sheikh Sultan Bin Saqr Al Nuaimi, Second Vice Chairman of the ACCI, and Mohamed Ali Al Janahi, Acting Director-General of the ACCI, were present at the meeting, which took place at the offices of the ACCI.

At the beginning of the meeting, Abdullah Al Muwaiji extended a warm welcome to the participants, praised the long-standing brotherly relations between the United Arab Emirates and Pakistan at the leadership and people levels, and emphasized the importance of this meeting to discuss opportunities for cooperation and partnership between Ajman and Pakistan in a variety of sectors.

He also explained that the ACCI is eager to consolidate its external relations and partnerships in order to achieve sustainable future growth for Ajman’s economy.

The Ajman Chamber of Commerce and Industry (ACCI) examined the various opportunities for financial investment in the Emirate of Ajman, including those in the areas of industry, commerce, construction, real estate, tourism, healthcare, transportation, and infrastructure, as well as the efforts that have been made to create an economic climate that is characterized by flexibility and the rapid completion of transactions.

In addition to this, an outline of the Ajman Chamber’s most notable upcoming exhibitions and events was given.