{"id":73844,"date":"2023-10-02T00:00:00","date_gmt":"2023-10-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/10\/02\/gcc-pakistan-sign-initial-trade-agreement-uae-officials-have-been-busy\/"},"modified":"2023-10-02T00:00:00","modified_gmt":"2023-10-02T00:00:00","slug":"gcc-pakistan-sign-initial-trade-agreement-uae-officials-have-been-busy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/10\/02\/gcc-pakistan-sign-initial-trade-agreement-uae-officials-have-been-busy\/","title":{"rendered":"GCC, Pakistan sign initial trade agreement + UAE officials have been busy"},"content":{"rendered":"

The <\/strong> Gulf Cooperation Council (GCC) and P <\/strong> akistan inked an initial trade agreement <\/strong>on 28 September in Riyadh, Saudi Press Agency<\/a>(SPA) reports. The agreement should eliminate or minimize logistics obstacles like customs duties on goods, increasing market access to services, and promoting investments. This covers goods and services, investment, e-commerce, customs procedures, dispute settlement, competition, trade remedies, intellectual property, and small and medium enterprises. <\/p>\n

AND- <\/strong> More agreements with Pakistan: <\/strong>Saudi Arabia has also inked an MoU with Pakistan to expand bilateral cooperation in communications and information technology by accelerating digital transformation, promoting innovation, and developing digital infrastructure, SPA<\/a> reported separately. The agreement \u2014 signed by KSA\u2019s Communications and Information Technology Minister Abdullah Alswaha and Pakistan\u2019s Information Technology, Telecommunication, Science and Technology Minister Umar Saif \u2014 will establish a task force to promote digital cooperation between the two countries, according to SPA. The two countries will also develop their digital infrastructure by enhancing connectivity of their fiber optic networks, data centers, and cloud computing, the news agency adds. <\/p>\n

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UAE + Phi <\/strong> lippines to boost air cargo volumes: <\/strong>Deputy Director and Delegation Head of the UAE\u2019s General Civil Aviation Authority Omar bin Ghalib signed an MoU with Philippines\u2019 Civil Aeronautics Board Executive Director Carmelo L. Arcilla to enhance bilateral aviation ties between the two countries, Emirati news agency Wam<\/a> reports. The agreement includes tripling air cargo between the countries from 200 to 600 tonnes per week for every national carrier, and approving the operation of Airbus A380 aircraft.<\/p>\n

UAE + Thailand eye stronger trade and in <\/strong> vestment ties: <\/strong>UAE Foreign Trade Minister Thani bin Ahmed Al Zeyoudi visited Thailand to discuss boosting trade and logistics cooperation with Thai officials, Wam<\/a> reports. Al Zeyoudi met with the Thai prime minister and commerce minister to discuss expediting trade and investment flows, as well as review the progress on the Comprehensive Economic Partnership Agreement between the two countries. <\/p>\n

UAE + France look to strengthen econ <\/strong> omic cooperation: <\/strong>UAE Economy Minister Abdulla bin Touq Al Marri met with his French counterpart Bruno Le Maire to discuss enhancing trade and economic cooperation, Wam<\/a> reports. He also discussed boosting trade across various sectors with Olivier Bechet, minister delegate for foreign trade, economic attractiveness and French nationals abroad attached to Europe\u2019s minister for foreign affairs.<\/p>\n

ALSO WORTH KNOWING- <\/strong><\/p>\n