Pakistan’s Ambassador to United Arab Emirates (UAE), Asif Durrani has mentioned that Pakistan’s exports to UAE will be doubled from the prevailing $three billion to $6 billion by specializing in enhancing the general provide chain of products being exported to UAE, notably the perishable merchandise.
Speaking to President KCCI, Abdullah Zaki and KCCI Managing Committee members throughout his go to to Karachi Chamber, Asif Durrani identified that at the moment it takes round 72 hours of period for Pakistani items to achieve UAE which will be lowered to only 24 hours by taking steps in the direction of enhancing the transportation system together with refrigeration amenities.
He mentioned that Pakistani exporters should keep chilly chain throughout transit of perishable items which might absolutely assist in enhancing exports to UAE.
Moreover, the horticulture sector of Pakistan has the potential to seize sizeable share in UAE markets however sadly Pakistan’s exports of horticulture merchandise to UAE have been nearly inexistent, he added.
The Ambassador, whereas highlighting the importance of value-addition, careworn that Pakistani exporters who’re prepared to reinforce their exports, should additionally concentrate on sending top quality merchandise with correct processing and packaging to UAE which might additional elevate demand for Pakistani merchandise in UAE markets.
He pointed that round 1.three million Pakistani expats are working in UAE, of which greater than 80 p.c are blue-collar employees whereas the remaining 20 p.c are both white-collar employees or Pakistani traders. “Pakistani traders have invested round $25 billion principally in UAE’s actual property sector”, he added.
Asif Durrani mentioned that Pakistan businessmen and industrialists should severely concentrate on enhancing commerce ties with their counterparts in UAE which has emerged because the hub of complete Gulf area.
He knowledgeable that whole commerce quantity between Pakistan and UAE was $9 billion, of which Pakistan’s whole imports stood at $6 billion whereas merchandise value $three billion have been being exported, depicting a commerce deficit of $three billion however this deficit offsets as Pakistan acquired employees’ remittances of $three billion from UAE.