Business Recorder
Pakistan and the United Arab Emirates have placed renewed focus on boosting trade in high-demand commodities such as petroleum products and food, signalling a targeted push to secure energy supplies, stabilise prices, and enhance export flows in sectors critical to Pakistan’s economy. The development came during a virtual meeting between Federal Minister for Commerce, Jam Kamal Khan, and Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade of the United Arab Emirates, to discuss ongoing trade cooperation and regional economic collaboration. The meeting was also attended by Rana Ihsaan Afzal, Coordinator to the Prime Minister on Commerce, Secretary Commerce Jawad Paul, and senior officials of the Ministry of Commerce, according to an official statement on Friday. During the meeting, both sides emphasised the long-standing friendship and strategic partnership between Pakistan and the UAE, highlighting the importance of smooth trade facilitation, logistical coordination, and enhanced market access. Pakistan, UAE to sign CEPA: UAE enyoy The discussion covered key sectors including petroleum products, food, and other high-demand commodities, with both sides agreeing to streamline processes for exporters and traders. Minister Jam Kamal expressed Pakistan’s gratitude for the support and collaboration of UAE authorities, including assistance from missions in Dubai and Abu Dhabi, as well as private sector partners such as DP World. Kamal noted that despite operational challenges and ongoing austerity measures in Pakistan, both countries remain committed to maintaining strong trade ties and finding practical solutions to facilitate business. Thani bin Ahmed Al Zeyoudi reaffirmed the UAE’s commitment to Pakistan, noting the progress made in engagements over the past years and emphasising the importance of coordination and sequencing to ensure mutual benefits. Both sides agreed to maintain regular engagement, with their respective teams meeting next week to discuss remaining operational and logistical points and to explore further opportunities for bilateral trade growth.
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