The United Arab Emirates is setting up a new office in Karachi in a couple of months. The aim of the visa office is to facilitate the Pakistanis who plan to visit UAE or are thinking to renew their residence visa and work permits.
The announcement was made by the Acting Consul General of UAE in Karachi, Bakheet Ateeq Al-Romaithi during the first meeting of Pakistan & UAE Business Council held at FPCCI office.
He informed that all kinds of visa relating processing will be handled at the new office. Pakistanis will be facilitated in all ways so that it gets easier for them to visit UAE.
Chairman, Pakistan-UAE Business Council, Dr.Mirza Ikhtiar Baig also discussed different proposals for Pak-UAE Joint Ministerial Commission (JMC) 12th session.
It was decided to sign Pak-GCC Free Trade Agreement soon and a resolution of remaining dues of PTCL/Etisalat.
Dr. Baig informed that the trade between Pakistan and the UAE has reached US$8.3 billion. Pakistan’s exports to UAE have been worth US$ 869 million while import to Pakistan from UAE was worth US$7.5 billion.
He accepted that there is a huge trade deficit between the two nations and it can be reduced by exporting rice and sugar in UAE.
Furthermore, it was revealed that an Abu Dhabi infrastructure fund wants to invest in clean renewable energy projects in Pakistan.
Expo 2020, a huge event will take place in UAE from October 20, 2020, to April 2021 and Pakistan-UAE Business Council Chairman also revealed that Pakistan might participate in it.
Senior vice president of FPCCI Mazhar A. Nasir and members of the council Usama Qureshi, Khalid Masood, Zubair Haider Sheikh, Anwar Qureshi, Abdul Haseeb Qureshi along with others attended the meeting.