‘Dozens’ of investment deals signed by Pakistani companies since launch of Expo Dubai, says UAE’s ambassador to Pakistan.
Pakistan’s ambassador to the UAE has said public and private sector Pakistani companies had signed “dozens” of investment agreements since the opening of the Expo 2020 Dubai in October 2021. Exhibitors from almost 200 countries, including Pakistan, are participating in the mega event, with many countries and companies looking to the expo — the first major global event open to visitors since the coronavirus pandemic — to boost trade and investment. The Pakistan Pavilion was officially inaugurated by President Dr. Arif Alvi on October 9.
The Expo itself started on October 1 and will last till March 31, 2022. The Pakistani commerce minister said last month over half a million people had visited the Pakistan Pavilion so far. “So far, dozens of MoUs (Memorandum of Understanding) have been signed for cooperation, collaboration and investment in the fields of infrastructure, housing, water management, waste management, trade in goods and services as well as investment in various fields,” Afzaal Mahmood, Pakistan’s ambassador to the UAE, told Arab News in an exclusive interview this week.
“The Bazar at the Pavilion is also helpful in showcasing Pakistani exports,” he added.