Dubai Expo to stimulate financial development in area


LAHORE:

The Dubai Expo will function a stimulus to speed up the colourful financial actions within the area by providing in depth funding, advertising and export alternatives to international traders, stated UAE Ambassador Hamad Obaid Ibrahim Salem Al-Zaabi.

Speaking to the enterprise neighborhood on the Faisalabad Chamber of Commerce and Trade (FCCI) on Tuesday, he expressed satisfaction over the pleasant relations loved by the 2 nations.

He recalled that Pakistan was the third nation that recognised the UAE after it was created almost 50 years in the past. “We’ll rejoice the fiftieth anniversary of our relationship this yr in an enormous manner,” he introduced.

The envoy identified that round 1.7 million Pakistanis have been working within the UAE. “They aren’t solely contributing their productive function within the financial uplift of the emirate however are additionally sending $6 billion in annual remittances to Pakistan,” he added.

He expressed satisfaction over the quantity of bilateral commerce between the 2 nations and stated that the commerce worth had risen from $14 billion three years in the past to almost $17 billion at current.

He stated that Emirates airline was working day and night time for the help of importers and exporters.

Learn Jam Kamal opinions progress on Dubai Expo preparations

“Pakistan is exporting mangoes and different fruits to meet the home wants of the UAE, along with sending the identical to different worldwide locations,” he added.

Concerning the coronavirus pandemic, the envoy lamented that the world was going through the challenges of meals safety.

He revealed that the UAE was introducing a golden and inexperienced visa coverage to draw most participation of individuals within the Dubai Expo.

“Beneath the brand new coverage, a number of visas can be issued as an alternative of a single entry visa to international traders,” he stated and warranted assembly individuals that particulars of the golden and inexperienced visa coverage could be supplied very quickly.

“Pakistani traders ought to avail themselves of the golden and inexperienced visa facility to determine linkages with international markets by the UAE,” he stated.

The envoy advised the businessmen that UAE visa centres have been working in Islamabad and Karachi whereas a brand new centre could be operational very quickly in Lahore.

“UAE traders can fulfill their wants of manpower by this visa centre,” he careworn.

“Each nations get pleasure from glorious cordial relations regardless of the sporadic rumours,” he identified.

Whereas denying that the UAE had suspended flights from Pakistan to Dubai because of the risk of Delta virus, he knowledgeable the businessmen that the step was truly taken on the request of Pakistan.

Revealed in The Categorical Tribune, September 8th, 2021.

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