The Pakistan

  Both sides discuss speeding up CEPA negotiations on trade and investment UAE remains key financial partner for Pakistan amid economic reforms KARACHI: Pakistan and the United Arab Emirates have reaffirmed their commitment to expedite negotiations on a comprehensive trade and investment agreement, the commerce ministry said on Wednesday, as Islamabad seeks to deepen economic ties with the Gulf nation. The pledge was made during a meeting between Pakistan’s Commerce Minister Jam Kamal Khan and the UAE’s Ambassador Salem Mohammed Salem Al Zaabi, during a meeting in which both sides agreed to maintain close coordination to advance discussions on the Pakistan-UAE Comprehensive Economic Partnership Agreement (CEPA). The agreement is intended to broaden economic cooperation by improving market access, encouraging investment and strengthening collaboration in sectors such as trade, logistics, ports, infrastructure and manufacturing. Pakistani officials see the framework as a way to trans...

  Prime Minister Shehbaz Sharif has invited increased UAE investments in key sectors to support Pakistan's economic growth and stability. Talking to Ambassador of the UAE Salem Mohammed Salem Al Bawab Al Zaabi in Islamabad on Tuesday, he expressed Pakistan's strong and abiding commitment to further strengthening its relations with the UAE. He also acknowledged the UAE's consistent support for Pakistan in times of need, including humanitarian assistance and developmental projects. Expressing his satisfaction at the volume of bilateral trade between the two sides, the Prime Minister further highlighted the need for both sides to focus on enhancing economic ties, trade, investment opportunities, and collaboration in areas such as energy, minerals, IT, railways and aviation. The UAE's Ambassador expressed his country's firm resolve and keen interest to deepen partnership with Pakistan across all spheres. He assured the Prime Minister that he would work hard to explore n...

  Trade balance still favors UAE with Pakistan’s exports at $2.1 billion and imports at $8 billion; experts urge for increased investment and business-friendly policies  Bilateral trade between Pakistan and the United Arab Emirates (UAE) surged to $10.1 billion in FY25, marking a 20.24% increase from the previous year, according to the State Bank of Pakistan (SBP).  This growth reflects the strengthening of economic ties between the two nations, as both explore new areas for cooperation in trade, investment, energy, IT, and human resource development. However, the trade balance remains skewed in favor of the UAE, with Pakistan’s exports to the UAE standing at $2.1 billion, while imports from the UAE amounted to nearly $8 billion. Although exports remained stable compared to FY24, imports increased by $1.62 billion, contributing to the trade imbalance. The positive momentum in bilateral relations was further evidenced by the successful conclusion of the 12th session of the...