Pakistan PM meets UAE trade minister, calls for enhanced aviation and tourism ties

UAE Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi (5th left) speaks during a meeting with Pakistan Prime Minister Anwaar-ul-Haq Kakar (center) at the Prime Minister's Office in Islamabad on February 3, 2024. (Photo courtesy: PMO)
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Updated 03 February 2024
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Pakistan PM meets UAE trade minister, calls for enhanced aviation and tourism ties

  • Kakar says Pakistan plans to bring together the business community in both countries for greater collaboration
  • Pakistan and the UAE are also considering railway connectivity to increase interactions between their people

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar said on Saturday Pakistan wanted increased collaboration with the United Arab Emirates (UAE) in the fields of tourism and aviation during a meeting with the visiting trade minister from the Middle Eastern state.
The UAE is home to 1.8 million Pakistanis who make significant contributions to the economy of their home country by sending the second largest sum of remittances after the Pakistani diaspora community in Saudi Arabia.
The UAE has also played a pivotal role in helping the South Asian country deal with its financial crisis in recent years by depositing large chunks of money in Pakistan’s central bank.
Last year, Kakar visited the UAE to strengthen the trade and economic ties between the two countries and highlight the investment opportunities available in various economic sectors of Pakistan.
“During my recent visit to the United Arab Emirates, agreements were signed between the two countries, marking the beginning of a new era of economic partnership between Pakistan and the UAE,” he said during his meeting with the visiting trade minister, Dr. Thani bin Ahmed Al Zeyoudi.
According to a statement issued by the PM Office in Islamabad, Kakar emphasized the need to enhance bilateral cooperation in aviation and tourism industries and work on railway connectivity to increase interactions between the peoples of the two countries.
“The Government of Pakistan will play every possible role in bringing together businessmen and Chambers of Commerce and Industry of both countries,” he assured while praising UAE’s “robust support” for his country with enhanced investment.
The UAE minister expressed determination to further improve trade relations with Pakistan.




Officials from the Karachi Port Trust, Pakistan (right) and Abu Dhabi Ports Group, UAE (left) shake hands after signing of a Memorandum of Understanding between Pakistan and UAE in Islamabad on February 3, 2024. (Photo courtesy: PMO)

Kakar also witnessed signing of a commercial agreement between the Karachi Port Trust and Abu Dhabi Ports Group that is expected to strengthen bilateral relations in marine and logistic sectors of Pakistan and the UAE.
The prime minister expressed satisfaction over the growth of exchanges, interaction and cooperation between businesses in the two countries.


Pakistani, Bangladeshi officials discuss trade, investment and aviation as ties thaw

Updated 53 min 45 sec ago
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Pakistani, Bangladeshi officials discuss trade, investment and aviation as ties thaw

  • Pakistan and Bangladesh were once one nation, but they split in 1971 as a result of a bloody civil war
  • Ties between Pakistan, Bangladesh have warmed up since last year and both nations have resumed sea trade

ISLAMABAD: Pakistan's High Commissioner to Bangladesh Imran Haider on Sunday met Chief Adviser Muhammad Yunus in Dhaka, the latter's office said on, with the two figures discussing trade, investment and aviation.

Pakistan and Bangladesh were once one nation, but they split in 1971 as a result of a bloody civil war, which saw the part previously referred to as East Pakistan seceding to form the independent nation of Bangladesh.

Ties between Pakistan and Bangladesh have warmed up since former prime minister Sheikh Hasina’s ouster as a result of a student-led uprising in August 2024. Relations remain frosty between Dhaka and New Delhi over India’s decision to grant asylum to Hasina.

Pakistan has attempted to forge closer ties with Bangladesh in recent months and both South Asian nations last year began sea trade, followed by efforts to expand government-to-government commerce.

"During the meeting, both sides discussed ways to expand cooperation in trade, investment, and aviation as well as scaling up cultural, educational and medical exchanges to further strengthen bilateral relations between the two South Asian nations," Yunus's office said in a statement on X.

In 2023-24 Pakistan exported goods worth $661 million to Bangladesh, while its imports were only $57 million, according to the Trade Development Authority of Pakistan. In Aug. this year, the Pakistani and Bangladeshi commerce ministries signed a memorandum of understanding to establish a Joint Working Group on Trade, aiming to raise their bilateral trade volume to $1 billion in the financial year that began in July.

The Pakistani high commissioner noted that bilateral trade has recorded a 20 percent growth compared to last year, with business communities from both countries actively exploring new investment opportunities, according to the statement.

He highlighted a significant increase in cultural exchanges, adding that Bangladeshi students have shown strong interest in higher education opportunities in Pakistan, particularly in medical sciences, nanotechnology, and artificial intelligence. Haider also said that Dhaka-Karachi direct flights are expected to start in January.

"Chief Adviser Professor Muhammad Yunus welcomed the growing interactions between the two countries and emphasized the importance of increased visits as well as cultural, educational and people-to-people exchanges among SAARC (South Asian Association for Regional Cooperation) member states," the statement read.

"Professor Yunus also underscored the need to further boost Bangladesh–Pakistan trade and expressed hope that during Mr. Haider’s tenure, both countries would explore new avenues for investment and joint venture businesses."