Special correspondent
Dubai (United Arab Emirates): Federal Minister of Commerce of Pakistan, Jam Kamal Khan, emphasized the crucial role of the private sector in strengthening trade and investment relations between Pakistan and the UAE during a luncheon hosted by the Pakistan Business Council in Dubai. Dubai Association (PAD).
This high-profile event brought together more than 100 distinguished guests, including prominent Pakistani businessmen, dignitaries, members of the Peacebuilding Commission and officials from the Pakistani Consulate in Dubai. It provided a platform to discuss investment opportunities, promote exports and strengthen bilateral trade relations.
In his keynote address, the Minister praised the newly elected Board of Directors of the Trade and Budget Committee, expressing confidence in its ability to work in collaboration with the trade wing of the Pakistani Consulate to enhance Pakistan-UAE trade relations. He highlighted the deep-rooted relations between the two countries, describing them as built on mutual respect, trust and common aspirations.
Recognizing the tremendous contributions made by the Pakistani diaspora in the UAE, the Minister acknowledged their role in promoting prosperity and economic growth. “The private sector plays a pivotal role in leading and promoting trade and investment initiatives between Pakistan and the UAE,” he said, urging business leaders to take advantage of available opportunities to boost bilateral trade and open new horizons for economic development.
The Minister also highlighted the government’s achievements despite macroeconomic challenges. He talked about several initiatives, including:
o Formation of seventeen sectoral councils to promote exports.
o Reforms aimed at stimulating industrial growth.
o Restructuring trade bodies, including the Trade Development Authority of Pakistan (TDAP).
o Promote “Brand Pakistan” globally.
o Launching a sector-specific B2B engagement model.
o Improve regulatory compliance to meet international standards.
o Promoting export-led growth, especially in agricultural-based industries.
Strengthening the role of Trade and Investment Officers (TIOs): Jam Kamal Khan also highlighted the significant contributions of Trade and Investment Officers (TIOs) in facilitating the business community.
He noted that its performance is now being closely monitored through a newly created online portal and dashboard, ensuring accountability and continuous improvement in export facilitation and investment promotion.
The luncheon concluded with an interactive networking session, where participants discussed strategies to enhance trade partnerships between Pakistan and the UAE. The event stressed the importance of cooperative efforts to achieve sustainable economic growth and promote deeper bilateral relations.
This gathering represents a renewed commitment by the public and private sectors to strengthen trade relations and unlock untapped economic potential between Pakistan and the UAE.