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UAE’s economic team to arrive in Pakistan tomorrow

MM News Staff by MM News Staff
May 2, 2022
Visit will be to implement the decisions taken by the leadership

Visit will be to implement the decisions taken by the leadership

DUBAI: A delegation of economic experts from the United Arab Emirates (UAE) will arrive in Pakistan on Tuesday (tomorrow) on an ’emergency visit’ to implement the decisions taken by the leadership of both the countries at a recent meeting in Abu Dhabi, the Prime Minister’s Office (PMO) said on Monday.

The announcement came a day after Prime Minister Shehbaz Sharif went to the Gulf state over the weekend after completing his three-day official visit to the Kingdom of Saudi Arabia (KSA).

In a series of tweets today, the PMO said the delegation of economic experts was visiting the country to ensure implementation of the decisions taken during the meeting a day earlier.

The delegation would also meet Prime Minister Shehbaz on May 3 (tomorrow) in Lahore, during which a discussion would be held on recommendations to increase economic activities between Pakistan and the UAE.

Talks would be held to promote economic, trade and investment activities between the two countries and the visiting delegation would be apprised of the investing environment and opportunities in Pakistan, the PMO said. In addition, talks would be held to discuss cooperation in power, petroleum and industrial sectors.

During the visit to UAE, PM Shehbaz met Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. They discussed advancing the longstanding relations between the two nations, and the prospects of propelling cooperation on various fronts.

The two sides reviewed a number of regional and international issues of common concern, according to the Emirates News Agency. The meeting took place at Qasr Al Shati Palace where the Abu Dhabi crown prince wished PM Shehbaz success in leading Pakistan towards further progress and prosperity over the coming period.

Last year, Pakistan and the UAE celebrated 50 years of diplomatic relations. The Gulf country had also decided to roll over a $2 billion loan to Pakistan in April 2021, with the UAE foreign minister affirming commitment to “extend every possible support”.

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