Pak-UAE economic ties strengthening with $8b trade volume

Addressing the 50th National Day of the UAE here, the FM said the economic and trade ties were the cornerstone of the bilateral ties. The UAE is also considered among the biggest foreign investors in Pakistan, he added.

Mentioning the fast pace of projects under the CPEC, he said with the operationalization of the Gwadar Port, Pakistan was ready to connect the Middle East with Afghanistan and then Central Asia which would ultimately uplift the people of the region.

Felicitating the UAE leadership on behalf of Pakistan’s leadership, Qureshi said the bilateral relations were found in common heritage and multi-sphere cooperation. Giving credit to UAE’s huge development to its Founder Sheikh Zayed bin Sultan Al Nahyan’s farsightedness, who, he said, had great affection for Pakistan and also took interest in numerous economic and social projects.

Moreover, the incumbent UAE leader was also following the golden principles of the founding leader and was striving for strengthening relations with Pakistan.

The FM said that Pakistan-UAE relations improved during Prime Minister Imran Khan’s government and the frequent highest level exchange also helped to widen the cooperation.

Qureshi also congratulated the UAE’s election to the UN Security Council for 2022-23 as well as the successful holding of the Expo 2020.