Prime Minister’s office in Pakistan says that the United Arab Emirates has committed to investing $10 billion in multiple sectors of the country’s economy.
According to the statement, Prime Minister Muhammad Shehbaz Sharif held a bilateral meeting with the President of the UAE and the Ruler of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi.
The prime minister was accompanied by the Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Minister for Commerce Jam Kamal Khan, Minister for Defence Khawaja Muhammad Asif and Special Assistant to Prime Minister Syed Tariq Fatemi.
The premier offered condolences on the passing away of close family members of Al Nahyan family, the late Sheikh Tahnoun bin Mohamed Al Nahyan and the late Sheikh Hazza bin Sultan Al Nahyan.
PM Shehbaz underscored the importance of galvanising existing cooperation and strengthening strategic partnership including in the field of information technology, renewable energy and tourism.
He highlighted steps taken by the government aimed at ensuring socio-economic stability in the country and building investors’ confidence. He reiterated Pakistan’s commitment to ensure meaningful implementation of investment cooperation agreements in the areas of energy, port operations projects, wastewater treatment, food security, logistics, minerals, and banking & financial services.
