Junaid Naqi, president of the Korangi Association of Trade and Industry (KATI), met with the Consul General of the United Arab Emirates in Karachi, Dr. Bakheet Ateeq Al-Remeithi, to discuss strengthening bilateral trade and promoting transparency in business practices between Pakistan and the UAE.

During the meeting, both leaders agreed that economic cooperation between the two countries needs to be enhanced. Junaid Naqi stressed the importance of promoting formal trade channels to ensure transparency in financial transactions and build greater investor confidence.

He further highlighted the potential for significant growth in trade volume between Pakistan and the UAE, noting that such progress would require stakeholders on both sides to adhere to ethical business practices and international standards.

“We want Pakistani traders to use formal avenues for trade so that Pakistan’s global image improves and investors feel more secure,” Naqi said.

UAE Consul General Dr. Al-Remeithi reassured the Pakistani business community of the UAE’s commitment to supporting Pakistani investors. He emphasised the urgent need to establish a formal and transparent trade framework to foster long-term economic collaboration.

The meeting concluded with a mutual understanding to explore new trade opportunities, facilitate exchange of business delegations, and organise joint commercial events to give fresh momentum to bilateral economic relations. Both sides agreed to initiate joint efforts shortly to boost trade between Pakistan and the UAE.