LAHORE The Pakistan Business and Investment conference is being held in Dubai on Monday (tomorrow) where at least 10 Memorandum of Understandings for the cooperation in several sectors are expected to be inked between Pakistani businessmen and the UAE-based companies. CEO of the PBIT Saadat Muzaffar said the MoUs will be signed for partnership in various trade and investment sectors of agri-business, livestock, dairy, mines & minerals, energy and international business. The conference will have over 140 delegates from Pakistan, while similar number of UAE-based investors and traders will also attend the moot for matchmaking and finalizing agreements of mutual interest. According to a press release, Saadat Muzaffar said that that CM Punjab is leading a 100 CEO delegation to the UAE to solidify the trade and investment linkages between both regions, as Pakistan is the second largest trade and investment partner of the UAE. He said that this investment conference is going to translate into an estimated 10 MoUs in various trade and investment collaborations for the sectors of Agri-Business, Livestock and Dairy, Mines & Minerals, Energy and International Business. These agreements are potentially worthy of generating investments totaling approximately $ 2b. He said that Punjab being Pakistans most industrialized province and investment-ready in terms of its policies has led this activity with the CM acting as a representative of the business communitys need to boost the trade balance between both countries from USD 4.8 billion to USD 8 billion in the next few years. Saadat Muzaffar further said that this is for the first time that Pakistan has shown its strength through the organization of such a conference in Dubai and this signals that we are ready to take our business and political relationship at a new level. PBIT is the flagship investment promotion agency of Punjab with the aim of creating economic mergers in the high-value sectors with countries such as the UAE.