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Banking, trade routes, removing policy barriers can increase direct trade: Alashabi

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Ambassador of the Republic of Yemen, Muhammad Motahar Alashabi on Wednesday emphasized the need to bolster the trade volume and value between Pakistan and Yemen while simultaneously enhancing their trading capacities.

During his visit to Lahore Chamber of Commerce & Industry (LCCI) here, he was of the view that banking channel, trade routes and removing policy barriers could increase the direct bilateral trade between Yemen and Pakistan.

Alashabi also commended the city of Lahore for its stature as a bustling metropolis and a thriving market. Recognizing Pakistan as a significant market, he acknowledged the existing direct and indirect trade channels that Yemen maintained via Jeddah, Muscat, and Dubai.

He also spoke about the impact of conflict in Yemen over the years, and exuded hope in overcoming these challenges and restoring stability.

Yemen Ambassador underlined the shared values between Yemen and Pakistan and revealed his personal affinity for the country, having resided in Pakistan for over a decade and ensuring his children received their education from esteemed Pakistani institutions. Alashabi passionately stated, “My heart lies within Pakistan.”

The ambassador emphasized the pivotal role of the business community as the primary catalyst for economic growth, while the government served as a facilitator.

He stressed the dire need to strengthen the Yemen-Pakistani relationship, improving mutual interests and fostering closer business ties.

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