Pakistan and UAE Forge Multi-Billion Dollar Partnerships for Economic Growth

pakistan and uae forge multi billion dollar partnerships for economic growth

pakistan and uae forge multi billion dollar partnerships for economic growth

Caretaker Prime Minister Anwaar-ul-Haq Kakar announced that Pakistan and the United Arab Emirates (UAE) have inked a Series of Multi-billion Dollar Memorandums of Understanding (MoUs) during his two-day Visit to the UAE. These MoUs Span various Sectors including Energy, port Operations, Waste water treatment, Food security, Logistics, Minerals and Banking and financial Services. The Signing Ceremony attended by High ranking officials from both Countries marks a Significant Milestone in Boosting Economic and Strategic Cooperation between Pakistan and the UAE.

In a video message PM Kakar Stated that these agreements Propel Bilateral Relations into a new era of Cooperation. He Congratulated the Citizens of both Nations and Highlighted the enduring Friendship initiated by Sheikh Zayed bin Sultan Al Nahyan in the 1970s which is now being furthered by his Son Sheikh Mohammed bin Zayed Al Nahyan. The UAE President and PM Kakar Expressed their Commitment to enhancing Economic and Strategic Collaboration Emphasizing the Historic and enduring ties Between the Two Nations.

The MoUs are expected to Translate into Tangible Projects in the near future Unlocking Substantial investments from the UAE into Pakistan. The Agreements align with the Goals of the Special Investment Facilitation Council (SIFC) and Signify a Historic event that ushers in a New Era of economic Partnership between Pakistan and the UAE. The Signing ceremony was attended by Pakistan’s Chief of Army Staff General Syed Asim Munir and witnessed the Commitment to bolstering Historic and fraternal ties that have withstood the test of Time.

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Prime Minister Kakar Expressed Profound Gratitude for the UAE’s unwavering Support to Pakistan in Economic and financial domains. The UAE home to 1.8 million Pakistanis Plays a Crucial Role in Contributing to the Progress, Prosperity and Economic Development of both Nations.

Read More: Saudi Arabia Urged to Employ More Pakistanis to Strengthen Bilateral Ties

The Leaders also discussed Regional and Global Developments addressing the Humanitarian Situation in occupied Palestine and Advocating for a just and Durable Solution in accordance with international Law and Relevant UN and OIC Resolutions.

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