UAE will invest 20 to 25 billion dollars in Pakistan. UAE President Sheikh Mohammed bin Zayed Al Nahyan, Caretaker Prime Minister of Pakistan Anwarul Haq Kakar and Army Chief General Syed Asim Munir held an important meeting.
In this meeting, MoUs were signed between Pakistan and the UAE on investment cooperation in the fields of energy, port operations projects, waste water treatment, food security, logistics, minerals and banking and financial services.
Under the agreements, UAE will invest 20 to 25 billion dollars in Pakistan. This will pave the way for economic stability in Pakistan and the investment will also help in fulfilling various initiatives under the Special Investment Facilitation Council (SIFC).
The Prime Minister termed the signing of the MoU as a historic initiative that will usher in a new era of Pakistan-UAE economic partnership. Earlier, Caretaker Prime Minister Anwar ul Haq Kakar met the President of the United Arab Emirates His Highness Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi. Chief of Army Staff General Syed Asim Munir was also present on this occasion.
In the meeting, the two leaders emphasized that Pakistan and the UAE have historic and deep brotherly ties that have stood the test of time. On this occasion, the commitment to further strengthen bilateral strategic cooperation and dialogue between Pakistan and the United Arab Emirates was reiterated.
Prime Minister Kakar expressed gratitude for the UAE’s full support to Pakistan in the economic and financial sector and said that the UAE is home to 1.8 million Pakistanis who have contributed to the development, prosperity and economic growth of the two brotherly countries. is doing
During the meeting, regional and international developments were also discussed, especially regarding the worsening situation of human rights in Occupied Palestine.
The Prime Minister expressed Pakistan’s support for a just and sustainable solution to the Palestinian issue in accordance with international law, UN and OIC resolutions, while Anwar-ul-Haq Kakar chaired the UAE for the 28th Conference of Parties COP 28. He reiterated Pakistan’s full support for
The Prime Minister highlighted its importance as an opportunity to make meaningful progress towards effective and efficient global initiatives in key areas to reduce environmental impacts, including the establishment of the Loss and Damage Fund.
The two leaders witnessed the signing of memorandums of understanding between Pakistan and the UAE on investment cooperation in the fields of energy, port operations projects, wastewater treatment, food security, logistics, minerals and banking and financial services.
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2024-09-03 19:51:19
