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Pakistan And UAE’s Strategic Economic Partnership – OpEd

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Pakistan and UAE have created a MoU between Pakistan’s Board of Investment (BoI) and UAE’s International Free Zones Authority (IFZA) that holds immense potential to redesign Pakistan’s commercial structure.

The economic cooperation agreement represents a fresh phase in the history of Pakistan-UAE relations while creating multiple paths to enhance Pakistan’s national economic growth. The agreement emphasizes Special Economic Zones (SEZs) as its primary investment focus which serves to accelerate industrial growth while attracting foreign direct investment (FDI) since the development of new business prospects.

IFZA and Aleria Group led UAE’s delegation with a positive attitude towards Pakistan’s economic potential. Through its role as a premier international free zone authority IFZA will substantially contribute to Pakistan’s economic framework because of its expertise managing free trade operations and facilitating international capital inflows. The UAE delegation’s conviction about Pakistan’s economic stability gives prospective investors strong support for treating the country as their main investment target.

The Special Investment Facilitation Council of Pakistan (SIFC) stands as a prime catalyst for this partnership because it functions to simplify investment operations and promote swift project execution. SIFC’s vital participation supports the processing of economic projects through smooth bureaucratic procedures that previously restricted economic acceleration. The SIFC operates as a facilitator to deliver efficient services which........

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