UAE keen to augment its investment in Pakistan: Envoy

ISLAMABAD, Pakistan: The Ambassador of the United Arab Emirates (UAE) Hamad Obaid Ibrahim Salim Al-Zaabi met the Federal Minister for Finance & Revenue Senator Mohammad Ishaq Dar at Finance Division in Islamabad on Wednesday.

Both the dignitaries shared the historical and long-standing ties between both Countries and exchanged views on further boosting and strengthening these economic ties.

H.E.Hamad Obaid Ibrahim Salim Al-Zaabi,Ambassador of the UAE called on Finance Minister Senator Mohammad Ishaq Dar,today and exchanged views on furthering bilateral economic relations between Pakistan and the UAE. 🇵🇰🇦🇪 pic.twitter.com/K1gRyyyDIZ

— Ministry of Finance (@FinMinistryPak) February 1, 2023

Senator Ishaq Dar stated that Pakistan and UAE are engaging in various areas including energy, refinery, petroleum and trade, however, still a lot of potential is unexplored.

In this regard, the finance minister also highlighted various avenues in which both Countries can trade and invest.

The ambassador highlighted that UAE is fully cognizant of the development-oriented economic policies of the Country being undertaken by the present government and shared that UAE is keenly interested to augment its investment in Pakistan in new sectors of the economy.

Both sides exchanged views on the recent visit of Prime Minister of Pakistan to the UAE and his meetings with the UAE leadership and discussed the timely implementation of decisions taken in these meetings for furthering the brotherly relations between the two countries.

The finance minister welcomed the proposal for new investment in Pakistan of UAE and assured the UAE’s ambassador of full support and cooperation by the present government.

In conclusion, the finance minister shared sentiments of gratitude for good will and cooperation of his Excellency and hoped to enhance the bilateral relations further in the future.