PM invites UAE businessmen to get benefit of investment opportunities in Pakistan

Islamabad: Prime Minister Shehbaz Sharif on Friday invited UAE businessmen to utilize the investment opportunities in Pakistan.

PM Shehbaz said Pakistan offers a strong and large consumer market to investors especially in energy, infrastructure, e-commerce, agro-based industry and IT sectors.               

He expressed these words in an interview with an international media outlet on Friday.

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 dollars and we look forward to further enhance it.

He said 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.

Shehbaz Sharif said the foundation of 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.

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

He 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 United Arab Emirates success in hosting the UN Climate Change Conference in November this year, the Prime Minister said as part of its climate diplomacy, Pakistan would continue its positive contribution to global climate change debate and action.