2 weeks Ago By SHAFQAT ALI
ISLAMABAD - United Arab Emirates (UAE) Deputy Prime Minister and Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan on Monday said that Pakistan and the UAE have ages old fraternal relations as the two countries took steps to bolster bilateral ties. Sheikh Abdullah bin Zayed Al Nahyan arrived in the Pakistani capital on April 20 for a two-day visit, which the Ministry of Foreign Affairs described as being focused on strengthening mutual collaboration across vital sectors including energy, commerce, and security. Pakistan and the UAE signed several Memoranda of Understanding (MoUs) to enhance cooperation in key areas such as trade, cultural exchange, and consular services.
Over the past few years, Pakistan and the UAE have nurtured an increasingly robust economic partnership. The UAE currently ranks as Pakistan’s third-largest trading partner, following China and the United States, and serves as a major investor in Pakistan’s economy. In fact, Emirati investments in the country have exceeded $10 billion over the last two decades.
Tax incentives for Gwadar Port not possible, Senate body told In a meeting at the Ministry of Foreign Affairs with Deputy Prime Minister and Foreign Minister Ishaq Dar, Sheikh Abdullah bin Zayed Al Nahyan expressed satisfaction with the pace at which bilateral relations had advanced. “I must say that our relationship has been growing at a healthy and promising pace,” he remarked. He emphasized the mutual desire from both leaderships and peoples to see continued growth and diversification in the relationship.
“I believe both our leaders, as well as the people of Pakistan and the UAE, are eager to witness deeper and broader cooperation,” he added. Sheikh Abdullah bin Zayed Al Nahyan noted that the trajectory of relations between the two nations has recently gained momentum. The signing of MoUs was held after the meeting, where both DPM Dar and DPM Al Nahyan endorsed agreements to reinforce collaboration in various domains.
These agreements aim to cultivate stronger ties in trade, cultural affairs, and consular cooperation. OIC stands firm behind Kashmiris: Special Envoy Among the signed MoUs was one between the UAE’s Ministry of Culture and Pakistan’s Culture Division to deepen cultural ties. Another agreement was signed to establish a joint committee on consular matters, aiming to streamline and enhance the services provided to citizens of both countries.
Both sides witnessed the exchange of MoU between the Federation of UAE Chambers of Commerce and Industry and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), which paves the way for the establishment of the UAE-Pakistan Joint Business Council. This council is expected to serve as a vital platform for business communities in both nations to collaborate and expand economic ties. The visit, according to Foreign Office, is expected to not only reinforce the enduring friendship between the two countries but also broaden the scope of collaboration in a variety of fields—ultimately benefiting the citizens of both nations.
FC free eye camp ends in Landi Kotal The UAE is home to over a million Pakistani expatriates, making it the second-largest Pakistani diaspora community in the world. This expatriate population contributes significantly to Pakistan’s economy through remittance inflows, which are a vital source of foreign exchange for the country. From Islamabad’s perspective, the UAE is considered a prime export destination due to its geographical proximity, which allows for reduced shipping costs and smoother logistical operations.
The two countries have, in recent years, signed numerous agreements aimed at deepening economic relations. During the UAE Crown Prince’s visit to Pakistan in February, both sides inked important agreements in sectors such as mining, railways, banking, and infrastructure. Earlier, the two countries signed deals exceeding $3 billion, covering economic zones, railway development, and other infrastructure projects.
CM Maryam reviews PERA launch plan across Punjab Tags: pakistan uae ages.
