ISLAMABAD: Federal Minister for Commerce Syed Naveed Qamar on Thursday urged for enhanced bilateral trade volume between Pakistan and the United Arab Emirates (UAE).
The federal minister said this during a meeting with UAE Ambassador to Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi.
Naveed Qamar highlighted the massive potential for cooperation between the two countries in renewable energy, agriculture, textile meat of bovine animals, petroleum oils and hospitality.
He said that the total trade volume between the two countries stood at US$ 10033.05 million in FY-2022, in which export to UAE stood at US$ 1369.83 million and imports at US$ 8663.22 million, which did not match the actual potential of both countries and it was needed to be increased.
The UAE ambassador agreed and said Pakistan and the UAE have religious, durable, historic, durable and cooperative relations, which should further be augmented by strengthening bilateral trade.
