A high-level bilateral conference between Pakistan and the UAE was recently held with the goal of strengthening economic cooperation through talks on digitalisation frameworks, governance improvements, and fiscal changes. This extensive conference demonstrates both countries’ dedication to establishing a strong, long-term cooperation.
Pakistani ministers, such as Ahsan Iqbal, the planning minister, and Muhammad Aurangzeb, the finance minister, met with their UAE counterparts to discuss potential strategic cooperation in a number of areas. Increasing trade and investment connections, bolstering public sector financial stability, and implementing UAE-style digital governance technologies including AI-powered citizen services and paperless customs systems were among the main subjects.
The agreement to strengthen digital governance under Pakistan’s Uraan Pakistan programme was a noteworthy result. With pilot projects in blockchain public transactions, big-data analytics, and AI-assisted planning actively being considered, both parties committed to exchanging knowledge on the UAE’s award-winning platforms, such as TAMM.
Regarding the economy, Pakistan reaffirmed its desire to draw in funding and investment from the United Arab Emirates, emphasising its fiscal reforms and improving macroeconomic indicators. In order to facilitate capital inflows, discussions discussed utilising UAE institutions and asset managers, such as Masharesh Islamic Bank, ADIB, and First Abu Dhabi Bank, as well as coordinating through Pakistan’s Special Investment Facilitation Council (SIFC).
