United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan has indicated that his authorities is planning to extend the scope of its investments in Pakistan, as Pakistan desperately wants international funding to deal with its deteriorating economic system. Is. Geo News reported that President Zayed Al Nahyan arrived in Pakistan on a personal go to and held a bilateral assembly with Prime Minister Shehbaz Sharif. Sharif acquired the UAE President at Chandna Airport. Sources quoted the UAE President as saying, be prepared, UAE will make investments closely in Pakistan.
Shahbaz recalled his current go to to the Gulf nation and confused that the 2 international locations would construct upon the understandings reached in varied fields between the 2 leaders throughout their go to to the UAE. The UAE President mentioned that the brotherly ties between the 2 international locations return a number of a long time and that his father laid the inspiration for his or her bilateral ties.
Geo News reported that the President additionally assured the Prime Minister that the UAE would all the time stand by Pakistan. The Prime Minister wrote on Twitter, I’m very glad that my brother His Highness Sheikh Mohamed bin Zayed has reached Pakistan, which is his second house. Based mostly on our final assembly, we mentioned methods to additional strengthen our ties.
Sources informed Geo News that the President warmly greeted the Prime Minister upon his arrival in Pakistan and escorted the Prime Minister in his personal jet. The sources mentioned Prime Minister Sharif additionally met the members of the President’s household and interacted with their youngsters in English and Arabic.
On January 12, the UAE had agreed to lend Pakistan $1 billion and roll over the present $2 billion mortgage. Geo News reported that the UAE’s monetary support has introduced some reduction to Pakistan, which continues to be reeling from devastating nationwide floods which have triggered the nation greater than $30 billion in damages.
With inputs from IANS
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