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PM welcomes UAE’s upcoming US$1 billion investment in Pakistan – Pakistan


PM welcomes UAE’s upcoming US$1 billion investment in Pakistan

August 09, 2022


ISLAMABAD (Dunya News) – Prime Minister Shehbaz Sharif on Tuesday hailed the recent announcement United Arab Emirates to invest US$1 billion in various economic and investment sectors in Pakistan.

AT prime minister expressed these views during a telephone conversation with UAE President Sheikh Mohammed bin Zayed Al Nahyan. Previously on Sunday, prime minister in tweet thanked UAE president for investments that his country was going to make in Pakistan various sectors.

Prime Minister Sharif stressed generosity support extended UAE to Pakistan over years, the prime minister’s office said. in statement posted here.

During a telephone conversation, the leaders of the two countries exchanged views on has the meaning of common interest.

reaffirming the close fraternal ties between the two countries, they agreed work closely to further strengthen bilateral cooperation in different fields.

AT prime minister expressed his condolences on damage caused due to recent floods in Emirates, as a result of the loss of precious lives, including the citizens of Pakistan.

He also expressed his deepest condolences with Emirates Brothers.

UAE President also extended sincere condolences on loss of precious lives in floods in Pakistan as well on martyrdom of army personnel in recent helicopter crash.

referring to decisions taken during visit of Prime Minister of the UAE in In April 2022, the two leaders considered progress and decided to further strengthen trade and economic ties with Special attention on accelerating cooperation and building partnerships in areas including investment, energy and infrastructure.

Pakistan and UAE enjoy close fraternal bonds that are firmly rooted in common beliefs and shared values ​​and culture.

UAE is the largest in Pakistan trading partner in Middle East and main source of investments and hosts more than 1.6 million Pakistanis.

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Derrick Santistevan
Derrick Santistevan
Derrick is the Researcher at World Weekly News. He tries to find the latest things going around in our world and share it with our readers.

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