To increase trade, Pakistan and the UAE sign MOUs.

In an effort to increase commerce and fortify their cultural connections, Pakistan and the United Arab Emirates (UAE) signed three memorandums of understanding (MOUs) on Monday.

MOUs for cultural cooperation and the creation of a joint committee for consular issues were signed by Deputy Prime Minister Ishaq Dar and Deputy Prime Minister Sheikh Abdullah Bin Zayed Al Nahyan of the United Arab Emirates.

The two presidents were also present when the Federation of Pakistan Chambers of Commerce and Industry and the Federation of UAE Chambers of Commerce and Industry inked an MOU to create a joint business council between the two countries.

Sheikh Abdullah bin Zayed Al Nahyan previously reaffirmed the pledge to improve ties with Pakistan in a number of areas, such as trade, investment, and aviation.

The foreign minister of the United Arab Emirates expressed delight that the two nations’ relationship has been developing at a healthy rate.

In particular, he said that within the past year or two, things have been going more quickly. According to him, the people and leaders of both nations wish to strengthen their bond.

Pakistan holds a special place in our hearts, according to Sheikh Abdullah bin Zayed Al Nahyan.

Deputy Prime Minister Ishaq Dar stated in his speech that the two nations have a long history of fraternal ties.

We are collaborating for the good of both our countries, he remarked.