Dr Talat Anwar (Economist): 

The visit of the Caretaker Prime Minister to UAE is very important in the context of Pakistan’s economic situation. Pakistan and UAE have a long history of friendly relations, with the UAE serving as a trusted ally for Islamabad. Pakistan is in dire need of the foreign investment in different development projects. Prime Minister will highlight the trade potential and investment opportunities between both countries during his visit. The visit will also benefit the finance and banking system in Pakistan as well. Certain MOUs for trade and investment are expected to be signed. The UAE has expressed willingness to invest in Pakistan in energy, banking, civil aviation and other sectors. Pakistan would need constant marketing to maximize the foreign investment in the country. Around 1.6 million Pakistani expatriates are working in the UAE. And such overseas Pakistanis have sent 4.45 billion dollars during the current fiscal year which contributed significantly in the macro-economy of Pakistan.