If you are interested in trade and commercial interaction with Pakistan your contacts at the Pakistan Consulate Dubai are:-

Overall Economic Picture of Pakistan

Pakistan , one of the fastest growing economies of Asia, continues to remain in the eye of storm. Over the past eight years, its once –battered economy has undergone a major transformation and restructuring. Despite the specter of terrorism and a host of domestic political challenges, the country’s economy has been growing at an average rate of almost 7 per cent per annum for the past five years. The government has improved its fiscal balance by reducing the budget deficit and trimming the public debt.

Pakistan is the gateway to the energy rich Central Asian States, the financially liquid Gulf States and the economically advanced Far Eastern tigers. The capital markets are being modernized, and reforms have resulted in development of infrastructure in the stock exchanges of the country.

The Securities and Exchange Commission has improved the regulatory environment of the stock exchanges, corporate bond market and the leasing sector. Whilst the Federal Board of Revenue has facilitated structural reform in tax and tariffs and the State Bank of Pakistan has invigorated the banking sector into high returns on investment.

Pakistan Economy

Economic Indicators (2006-2007)

Economic Survey

For detail of Economic Survey of Pakistan 2006-2007 please visit: http://www.finance.gov.pk

INVESTMENT IN PAKISTAN

Today Pakistan allows 100 percent foreign share holding in virtually every sector. We have also been able to lower taxes- for both domestic and foreign investors. We provide a level playing field to foreign investors. Despite travel advisories warning against visiting Pakistan, attractive economic policies and incentives are a major pull for foreign investors.

Pakistan provides relatively strong protection for foreign investors; it ranks 19th worldwide on protecting investors, according to World Bank report Doing Business In South Asia 2008.

Current investment policies have been tailor made to suit investors needs. Pakistan’s policy trends have been consistent, with liberalization, de-regulation, Privatization, and facilitation being its foremost cornerstones. Foreign and Pakistan-owned companies are invited to find potential joint venture partners by registering their interest in the Matchmaking database.

Total foreign investment for the financial year 2006-2007 i.e., from 1st July 2006 to 30th June 2007 is $ 8.4 billion, 88% more than the amount ($ 4.5 billion) during the same period last year. 10.3% increase in FDI as compared to July-Dec 2006.

Following is the comparison of UAE investment in Pakistan for 2006-07 vis-à-vis 2005-06.

(Foreign Investment Inflows – million $)

                                              July – Dec 2007                                                            July – Dec 2006

Pakistan's Export Policy

Do you want information about our Import / Export policy, Commercial matters,2007-2008 * Budget speech, Finance Act 2007, Budget at a Glance, SROs (Customs) Custom Tariff, including Taxes , Tax Rates , Customs Tariff, Sales Tax Gazette, latest SROs / Circulars etc.

Please visit the following sites:-

Ministry of Commerce, Islamabad            http://www.fbr.gov.pk/Budget/2007/Home       

Trading Corporation of Pakistan             http://www.tcp.gov.pk

State Bank of Pakistan                          http://ww.sbp.org.pk

The Trade Development Authority of Pakistan (TDAP)

TDAP is a body corporate which was established on 8 November, 2006, under a Presidential Ordinance the successor organization to the Export Promotion Bureau (EPB) and is mandated to become a dedicated, effective and empowered organization that is professionally managed. TDAP, as part of its trade ‘development’ mandate, as opposed to ‘export promotion’ only, will be dedicated to the ‘holistic’ development and promotion of goods and services for exports globally.

For further details of events and shows, for exports please visit www.tdap.gov.pk

Pak - Dubai Trade

Comparative figures of monthly of July- June 2006 compared to July- June 07 are given below:

                                                                                                      VALUE in‘000. $

The trade mainly comprises of following major items:-

·          Vegetable products.

·          Prepaid foodstuffs beverages etc.

·          Product of Chinned or allied Industries.

·          Plastics and articles of wood etc.

·          Textiles and textile articles.

·          Chemicals

·          Petroleum and petroleum products

·          Articles of stone, plaster, cement, asbestos, glass and glassware etc.

·          Base metals and articles

·          Machinery and mechanical appliances.

·          Vehicle, aircraft, vessels & associated transport equipment.

·          Miscellaneous manufactured articles.

·          Raw hides and skins, leather, fur skins and articles etc

Pakistani Businessmen wanting to do Business with Dubai/ Northern Emirates

If you are a Pakistani businessmen and want to trade or have business interaction with the Business community in Dubai/Northern Emirates or if you need any information about Dubai /Northern Emirates Businesses please visit.

Sharjah Chamber of Commerce and Industry                         www.sharjah.gov.ae 

Abu Dhabi Chamber of Commerce and Industry                     www.adcciuae.com 

Ajman Chamber of Commerce and Industry                           www.ajcci.gov.ae  

Fujairah Chamber of Commerce and Industry                        www.fujcci.ae