Pakistan aims to double trade with the UAE to $20 billion
Pakistan is seeking to double its trade with the UAE from $10 billion to $20 billion within the next three to four years, according to Khurram Shehzad, Adviser to the Finance Minister of Pakistan. Speaking at the ICAP Middle East CFO Conference in Dubai, he said the move reflects growing investor confidence in Pakistan's economic outlook and the strong bilateral relationship between the two nations.
"We already have $10 billion in total trade with UAE, and we aspire, we wish, to take it to double it to $20 billion in the next two to three years," he said. "It's quite possible because there are a number of areas we offer to the entire world, which includes agriculture, food security, data and analytics, AI, mining and minerals, defense, and much more. Our market is huge, our location is very strategic, and we are now stabilizing and moving towards growth."