LCCI Calls For Enhanced Economic Cooperation Between Pakistan And UAE

LAHORE (Special Correspondent) – The Lahore Chamber of Commerce and Industry (LCCI) has actively pursued deeper economic ties with the United Arab Emirates (UAE), identifying significant investment opportunities for Emirati businesses within Pakistan. During a formal meeting held on 3 November 2026, LCCI President Ali Hussam Asghar engaged with the Ambassador of the United Arab Emirates to Pakistan, Salem Mohammed Al Zaabi, to discuss strategies for bolstering bilateral trade and strengthening Pakistan-UAE economic relations.
Key Points
- LCCI President Ali Hussam Asghar urged for increased business-to-business interaction and the exchange of trade delegations between the two nations.
- The UAE Ambassador, Salem Mohammed Al Zaabi, emphasized that direct contact between business communities is essential for developing new commercial prospects.
- Key sectors identified for potential joint ventures include agriculture, food processing, textiles, information technology, construction, logistics, and mineral extraction.
- The LCCI has committed to facilitating UAE investors by providing market data and connecting them with relevant local industry partners.
Strategic Sectors for Investment
The LCCI President noted that Pakistan’s large consumer market and skilled workforce provide a robust foundation for foreign direct investment. He explicitly highlighted agriculture, food processing, textiles, information technology, construction, logistics, minerals, and value-added manufacturing as priority areas for bilateral cooperation. According to the LCCI, these ventures are critical for driving industrial growth and job creation across the country.
Strengthening Institutional Collaboration
To bridge the gap between entrepreneurs, Ali Hussam Asghar proposed frequent meetings between chambers of commerce and business organizations from both nations. He suggested that holding joint business forums, trade exhibitions, and sector-specific conferences would allow companies to better understand market requirements. He reaffirmed that the LCCI is ready to provide comprehensive support to UAE investors seeking to explore Pakistan’s economic landscape.
Commitment to Economic Growth
Ambassador Salem Mohammed Al Zaabi echoed these sentiments, expressing confidence in the enduring brotherly ties between the two nations. He emphasized that the UAE remains committed to exploring further avenues for economic integration. This initiative aligns with broader efforts to enhance regional trade frameworks, similar to how the government has recently focused on prioritising exports to ensure sustainable economic growth.
Frequently Asked Questions
What sectors did the LCCI identify for potential investment from the UAE?
The LCCI identified agriculture, food processing, textiles, information technology, construction, logistics, minerals, and value-added manufacturing as key sectors for collaboration.
How does the LCCI plan to support UAE investors?
The LCCI has pledged to facilitate UAE investors by connecting them with local business partners, providing essential market information, and offering guidance on investment prospects in Pakistan.
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