Al Zeyoudi: Pakistan a key UAE trade partner

CALLS FOR BOLD ACTION AS ECONOMIC POWER SHIFTS EAST

- BY NIVETHA DAYANAND Assistant Business Editor

Pakistan remains a key economic partner for the United Arab Emirates, according to Dr Thani Bin Ahmad Al Zeyoudi, UAE Minister of Foreign Trade. Speaking at the ICAP Middle East CFO Conference in Dubai, he said the two nations are broadening their cooperation across trade, logistics and investment.

“Pakistan, for us, is an important partner in these efforts,” he said. “Last year, we shared almost $8.6 billion in our non-oil trade, and we joined together in almost $3.3 billion pledge to develop railway, economic zones and transport modes on an important new trade corridor.”

Need bold decisions, action

The UAE is working closely with Pakistan to strengthen connectivity and logistics through new corridors that support regional integration and South-South cooperation. Dr Al Zeyoudi said such initiatives would create new supply chain links and reinforce the UAE’s position as a regional hub for trade and investment.