PM urges UAE businessmen to utilise investment opportunities in Pakistan

PM urges UAE businessmen to utilise investment opportunities in Pakistan

Islamabad (Web Desk): Prime Minister Shehbaz Sharif has invited businessmen of the United Arab Emirates (UAE) to utilise the investment opportunities in Pakistan.

“Pakistan offers a strong and large consumer market to investors especially in energy, infrastructure, e-commerce, agro-based industry and IT sectors,” the premier said in an interview with Khaleej Times during his visit to the UAE last week and published on Thursday.

To a question about Pak-UAE trade relations, the Prime Minister said bilateral trade with the UAE has increased by 25 percent to $10.60 billion and we look forward to further enhance it.

He said that information technology, artificial intelligence and financial technology are the new avenues of cooperation with greater potential to take our economic relations at par with our excellent political relations.

“Pak-UAE relations was laid by the late Sheikh Zayed bin Sultan Al Nahyan, who wanted Pakistan to be among the leading, prosperous and progressive countries and Pakistan will never forget his benevolence and generosity for all times to come,” PM Shehbaz noted.

Thanking UAE for its humanitarian aid to flood victims in Pakistan, the prime minister termed the support valuable and timely.

He also thanked the UAE government and its leadership for hosting and allowing 1.7 million Pakistanis to earn their livelihood there with dignity and respect.

Wishing the UAE success in hosting the UN Climate Change Conference in November this year, PM Shehbaz said that as part of its climate diplomacy, Pakistan would continue its positive contribution to global climate change debate and action.