Pakistan, UAE to sign CEPA: UAE enyoy

Ambassador of the United Arab Emirates H.E. Hammad Obaid Ibrahim Salem Al-Zaabi said that Pakistan and the UAE are at the final stage of signing a Comprehensive Economic Partnership Agreement (CEPA), which would significantly boost bilateral trade and remove business obstacles between the two countries. He said the current trade volume of around 8 to 10 billion dollars does not reflect the true strength of relations and expressed his government’s clear directive to double this figure as soon as possible. He was speaking at the Lahore Chamber of Commerce & Industry. President LCCI Faheem Ur Rehman Saigol welcomed him, while Senior Vice President Tanveer Ahmed Sheikh, Vice President Khurram Lodhi, Executive Committee Members Rana Shoban Akhtar, Waqas Aslam, Karamat Ali Awan, Amir Saeed Mian, Manzoor Hussain Jeffery, Mohsin Bashir, Ahsan Shahid and Amir Ali were also present.