Private Sector Gains Importance to Enhance Bilateral Trade with UAE



Pakistan's commerce minister, Jam Kamal Khan, recently opined that a private sector assumes a vital place in the progress of trade opportunities with the UAE. He has said that bilateral relations between Pakistan and the United Arab Emirates rest on mutual respect and common purposes. This foundation has been fundamental for both countries in seeking ways to elevate trade and investment opportunities.


Speaking to over 100 guests, including prominent businessmen and officials from the Pakistan Consulate, Minister Khan spoke at a luncheon in Dubai hosted by the Pakistan Business Council. The event was a platform for discussing various ways to improve exports and strengthen trade relations. Khan's remarks underscored the private sector's critical involvement in these efforts.


The minister commended the newly elected board of the Pakistan Business Council, saying he was confident that they would work closely with the Pakistan Consulate. He feels that government and business leaders need to collaborate in order to push forward trade relations. This will help unlock new opportunities that will benefit both countries.


The Pakistani community living in the UAE has made a significant contribution, according to Khan. Their presence has promoted economic growth and enhanced relations between the two countries. According to the minister, the private sector is important in promoting trade initiatives and investment strategies that may lead to mutual benefits.


According to the UAE foreign ministry, the UAE is Pakistan’s third-largest trading partner, following China and the United States. Over the past 20 years, the UAE has invested more than $10 billion in Pakistan. This investment highlights the importance of the UAE as a vital partner in Pakistan's economic development.


The private sector plays a crucial role in Pakistan's economy as it can increase trade with the UAE. Collaboration between both nations will be helpful in developing the trading relationship and opening up new avenues for jobs. This will ultimately lead to an economically better future for both nations.

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