UAE's imports from Pakistan rise 50% to $1.8b: Gulfnews

By Nadia Saleem
Staff ReporterPublished: October 03, 2008, 23:41

Dubai: The UAE's imports from Pakistan increased 50 per cent this year compared with the previous year, according to trade figures from the Pakistani Commercial Office in Dubai.
Imports increased from $1.2 billion in 2007 to $1.8 billion in 2008. The UAE was the largest importer from Pakistan in the Arab region.
The Arab region imported goods worth $3.36 billion in the July 2007-May 2008 period, an increase of 40.4 per cent from the year before.

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UAE-Pakistan trade touches $7b: Gulf News

By Himendra Mohan Kumar, Staff Reporter
Published: July 24, 2008, 23:37

Abu Dhabi: The size of Pakistan-UAE bilateral trade touched $7 billion in the last fiscal year ended June 30 with the balance of trade in favour of the UAE, Pakistan's outgoing ambassador to the UAE Ahsan Ullah Khan said.

"Pakistan's exports to the UAE during 2007-2008 were valued at $1.8 billion as compared with $1.3 billion the previous year," he said. "Pakistan's imports from the UAE for the same period rose to $5.2 billion from $3.4 billion," he added.

Khan, however, said, "The foreign direct investment from the UAE in Pakistan in the last fiscal fell to $800 million from $1.4 billion the previous year."

He further informed that annual remittances to Pakistan from the UAE through official banking channels by non-resident Pakistanis rose to $1.2 billion from $860 million the year earlier.

For more on this article, please click on the following link: UAE-Pakistan trade touches $7b: Gulf News