UAE advises Pakistan to focus on export of services

[LahoreEstate]

ABU DHABI (March 26 2009): UAE Minister for Foreign Trade Sheikha Lubna Bin Khalid Al Qasmi has suggested Pakistan to focus on the export of services and technology to United Arab Emirates (UAE) for improving balance of trade between the two countries.

She was talking to the delegation of Pak UAE Business Council of FPCCI led by FPCCI President Sultan Chawla and PMs Advisor on Textiles Dr Mirza Ikhtiar Baig at the Ministry of Foreign Trade here on Wednesday. Pakistans Ambassador in UAE Shafqat Ali Shah Jamote was also present on the occasion.

She said that Pakistan has lot expertise in services sector, which included IT, medical services and other technologies that can be exported to UAE besides exporting merchandises. There is a great opportunity for Pakistan to export services. There is still high demand for knowledge workers from Pakistan whether in technology, medical field, research and development or renewable energy.

A science graduate, Sheikha Lubna said that other areas of interests can be ceramics, pharmaceutical, cement. She said that Pakistan has an excellent rice quality but the lack of proper storage and logistics damages the quality. Pakistani businessmen should invest in the storage and improve logistics to maintain the quality of its exports of food items to UAE and other countries.

She pointed out that UAE was also facing similar problems with its dates production and exports but it has handled this problems by development storage and logistic facilities. Pakistani companies can utilise the services of UAE logistics and storage companies to improve their storage and logistic capacities.

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