Pakistanis in UAE remit $3 billion: envoy

Pakistan diaspora has remitted about 3 billion US Dollars from the UAE to Pakistan, which is an ever increasing trend which is well needed, said Ambassador of Pakistan to the UAE, Mr. Jamil Ahmed Khan on Thursday.

While addressing certificates distribution ceremony to the Pakistani diaspora Ambassador Jamil Ahmed Khan appreciated that Pakistanis are sending their remittances through legal channels from their hard-earned money with their love and affection to Pakistan.

Pakistani government has further increased facilities to the overseas Pakistanis in terms of procedures involved in customs rebate on electronic items and has also made the system easier to avail such facilities.

Pakistan has suffered losses of over 78 Billion US Dollars as a front line country in countering the terrorism which, from any standard of the world, is to be taken a huge financial loss compounded with 40,000 losses of live.

This is high time that new avenues of trade and commerce are to be explored and remittances are required to be further enhanced in order for Pakistan to recover from losses of war against terrorism.

“This is only possible if the world community enhance their trade relations with Pakistan in furthering our motto “TRADE, NOT AID”, Ambassador further added, said a statement received here.

Today’s arrangement of encouraging foreign remittances to Pakistan by Xpress Money would go a long way as an initiative in the right direction.

Such steps would help Pakistan and regional countries in augmenting its developmental and social projects thus attributing and addressing violent extremism from the region which is detrimental for the progress and prosperity of Pakistan and its surrounding countries, Ambassador further commended.

Short URL: https://www.newspakistan.pk/?p=36143

Posted by Tahir Khan on Dec 13 2012. Filed under Latest News, National, Pakistan. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.