The Arab Vector of Indian Foreign Economic Policy: the Economic Ties between Pakistan and the Arab countries of the Persian Gulf
The main task of this research is the analysis of the key directions of the economic cooperation between Pakistan and the Arab countries of the Persian Gulf. The article examines the commodity structure of the Pakistani exports to a number of the Arab countries of the Persian Gulf and imports from this country as well as the current bilateral investment interaction. It is noted that the growing investment cooperation between the Arab countries of the Persian Gulf and Pakistan helps strengthening ties between them. The author also focuses on the Pakistani diaspora living in this region which helps strengthening their economic ties. The diaspora consists of several hundred thousands people and is represented mainly by low- and medium qualified specialists. It is noted that over the last decade there has been a significant increase of remittances from the Arab countries of the Persian Gulf to the economy of Pakistan. The article also presents statistical data on the present state of the bilateral trade between Pakistan and the UAE, Pakistan and Saudi Arabia, Pakistan and Kuwait.