UAE's Strong Economic Growth Impresses Pakistani PM

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Pakistani Prime Minister Shehbaz Sharif congratulated UAE President Sheikh Mohamed Bin Zayed on the country's impressive economic performance. The UAE saw an 11% rise in foreign trade during the first half of 2024, reaching 1.39 trillion dirhams or $397 billion. 


This marked a significant increase in both non-oil exports and overall trade. The UAE has strategically focused on boosting foreign trade as a driver of industrial development, competitiveness and innovation. Over the years, it has emerged as a reliable global trade partner under Sheikh Mohamed's leadership.


The prime minister praised the dynamic leadership guiding the UAE's economic success. He said the results reflect growing international confidence in the resilience and growth potential of the UAE economy. Reaching this stage is a major step towards Sheikh Mohamed's vision of establishing the country as a premier global trade hub.


Pakistan and the UAE share close ties and the prime minister acknowledged their strong partnership. Successful economies like the UAE provide an example for Pakistan's development goals. Strong foreign trade connections will help diversify industries and open markets.


By showcasing determination and progress, the UAE sets a positive example in the region. Sheikh Mohamed's leadership maintains stability and fosters continued prosperity. Other nations seeking economic growth can learn from the UAE's trade-focused policies and visionary leadership.


The prime minister's congratulations highlight Pakistan's support for the UAE's thriving economy. Robust trade ties exemplify the cooperation between both nations. The UAE's results strengthen optimism about future economic strength and prosperity in the region.

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