A Pakistan Mart will be established in Dubai to boost the \u201cglobal footprint\u201d of exports, state media Radio Pakistan reported on Wednesday.<\/p>\n
Pakistan and the United Arab Emirates share close diplomatic, economic, and cultural ties. The UAE is one of Pakistan\u2019s largest trading partners in the Middle East and a major source of remittances, with a large Pakistani expatriate population living and working there.<\/p>\n
Speaking to the media about the project, Commerce Minister Jam Kamal Khan called it a \u201cgame changer for Pakistani trade boost\u201d.<\/p>\n
He was quoted as saying, \u201cThe Pakistan Mart will facilitate Pakistani traders, enabling them to export their products to regions across the world.\u201d<\/p>\n
\u201cThe initiative is spearheaded by the National Logistics Corporation of Pakistan and the DP World company of UAE,\u201d the report added.<\/p>\n
Last month, trade with the UAE showed an upward trend. Pakistan\u2019s key export items to the UAE include rice, bovine meat, cotton garments, mangoes, and guavas.<\/p>\n
Exports increased 1.87 per cent to $2.121 billion in FY25 from $2.082bn last year. In FY24, exports to the UAE had surged 41.15pc, largely due to increased shipments to Dubai. Imports from the UAE rose 25.75pc to $7.958bn in FY25 from $6.328bn a year ago.<\/p>\n
Overall, the country\u2019s trade deficit with the Middle East widened by 7.37pc to $13.974bn in FY25 from $13.014bn a year ago, primarily due to a sharp increase in petroleum imports.<\/p>\n","protected":false},"excerpt":{"rendered":"
A Pakistan Mart will be established in Dubai to boost the \u201cglobal footprint\u201d of exports, state media Radio Pakistan reported on Wednesday. Pakistan and the United Arab Emirates share close diplomatic, economic, and cultural ties. The UAE is one of Pakistan\u2019s largest trading partners in the Middle East and a major source of remittances, with […]<\/p>\n","protected":false},"author":1,"featured_media":11200,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-11199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"_links":{"self":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts\/11199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11199"}],"version-history":[{"count":1,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts\/11199\/revisions"}],"predecessor-version":[{"id":11201,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts\/11199\/revisions\/11201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/media\/11200"}],"wp:attachment":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}