Currently, business value between Pakistan and Qatar stands at $300 million, which is considerably below what it may potentially be. There are over 100,000 Pakistani migrant workers in Qatar, and their remittances are one of the lifeboats in which sits the Pakistan economy. That number could increase as the infrastructure projects surrounding the 2022 World Cup are built. Although exchanges of diplomatic niceties such as this are routine in many ways, they are also the oil in the engines of international relations; and given the less-than-easy relations Pakistan has with all its immediate neighbours, Qatar is a safe and attractive relationship to cultivate. The problem that Pakistan faces in developing external markets and inwards investment is the poor security environment that affects the whole country and the endless crisis in the energy sector. Agreements were signed in the ‘soft’ sectors — culture, youth and sports along with higher education and scientific research; none of which are significant revenue earners. That aside we warmly welcome this development and hope for more to come of it in the future.
Published in The Express Tribune, March 26th, 2015.
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