Economics & Business

Pakistan wants enhance ties with Yemen: Naveed Qamar

ISLAMABAD: Fifth two-day meeting of Pak-Yemen Joint Economic Commission began in Islamabad on Monday. Addressing the inaugural session, Minister for Privatization and Investment Syed Naveed Qamar said Pakistan desires to have strong relations with Yemen in all fields including education, Science and Technology, energy, transport, banking, labour and manpower. “Our bilateral trade hovering around eighty million dollar mark for the past many years has shown upward trend this year, however, significant opportunities exist to increase and diversify the two way trade “ the Minister added.

Syed Naveed Qamar said the environment for investment is very conducive in the country and it has gained technical experiences and latest techniques in variety of fields which can be shared with the Yemeni people. He hoped the fifth meeting of the Joint Ministerial Meeting would add further substance and content to our bilateral relations. He stressed for regular meetings of the JMC for fostering the economic and technical relations.

On this occasion, Yemeni Minister for Industry and Trade Dr. Yahya Y. Al-Mutawakel said that Pakistan and Yemen have strong historic and fraternal ties. He said great potential exists for further promotion of trade and economic ties between the two countries. He said since the inception of Joint Ministerial Economic Commission, the two countries had signed a number of agreements in various sectors for the mutual benefit. He hoped that a mechanism would be evolved for the implementation of the projects.

The Yemeni Minister sought Pakistani assistance for accession to the World Trade organization. During the two day talks, delegations of both the countries will deliberate upon the issues relating to bilateral cooperation between the two countries in the areas of trade, agriculture, communications, railways, labour and manpower, petroleum, information technology, energy and education. Few agreements are also expected to be signed at the conclusion of the meeting.-SANA

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Rubab Saleem

Rubab Saleem is Editor of Pakistan Times

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