close
Saturday December 21, 2024

Plans afoot to establish Pak-UAE joint business council

Faisal Tirmizi said that discussions with Emirati authorities are ongoing to finalise the council’s structure and objectives

By Sibte Arif
October 08, 2024
Pakistan Ambassador to the United Arab Emirates Faisal Niaz Tirmizi can be seen in this image. — APP/File
Pakistan Ambassador to the United Arab Emirates Faisal Niaz Tirmizi can be seen in this image. — APP/File

ABU DHABI: Pakistan’s Ambassador to the UAE, Faisal Niaz Tirmizi, on Monday announced plans to establish the Pak-UAE Joint Business Council aimed at enhancing direct trade relations between the two nations.

In an interview with ‘The News,’ he emphasised the importance of building connections between the business chambers of both countries. The council will include members from the Federal Chamber of Commerce of Pakistan and the UAE’s Chamber of Commerce, fostering collaboration and mutual investment opportunities.

Faisal Tirmizi said that discussions with Emirati authorities are ongoing to finalise the council’s structure and objectives. “Our aim is to attract Emirati businessmen to invest in Pakistan, which has immense potential for growth,” said the ambassador. The council will be jointly managed by the Ministry of Commerce and political leaders from both nations.

The initiative is viewed as a strategic move to strengthen economic ties and promote bilateral trade, paving the way for a prosperous partnership between Pakistan and the UAE, Tirmizi added.