UAE and Pakistan Join Hands for Economic Growth

Pakistan and the United Arab Emirates (UAE) have signed a new agreement to work together on building Special Economic Zones (SEZs) in Pakistan. These zones are special areas where businesses can get benefits like tax breaks and better facilities. The goal is to bring more investment into Pakistan and grow the country’s economy. The agreement was made between Pakistan’s Board of Investment and the UAE’s International Free Zones Authority. Both sides want to create zones that will help industries grow, especially in technology and manufacturing. This will help Pakistan develop faster and create more jobs for people. One important part of this plan is setting up Business Facilitation Centers inside the SEZs. These centers will help investors and companies by making paperwork and processes easier. This will save time and encourage more businesses to come to Pakistan. The UAE has a lot of experience in building successful free zones. Their help can guide Pakistan in following the best...