There has been a significant progress in Pakistan-UAE cooperation due to effective policies of Special Investment Facilitation Council (SIFC).
According to State Bank of Pakistan, bilateral trade between the two countries rose by 20.24 percent, reaching 10.1 billion dollars.
The 12th session of Pakistan-UAE Joint Ministerial Commission was recently held during which discussions were held on bilateral trade, investment, food security, aviation, IT and energy sectors.
Experts believe that increased bilateral trade and industrial collaboration could help reduce Pakistan’s import bill and create employment opportunities.
