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Dar praises UAE’s support for Pakistan’s economy
ISLAMABAD (Dunya News) — Senator Mohammad Ishaq Dar, Federal Minister of Finance and Revenue, said on Tuesday that the United Arab Emirates (UAE) is one of Pakistan’s key economic partners.
“Pakistan attaches great importance to its fraternal relationship with the UAE,” the minister added.
These views were expressed by the minister when meeting a delegation from Etisalat International headed by Chief Executive Officer (CEO) Mikhail Gerchuk of CEO e & International.
The delegation included Abdulrahim Abdulla Abdulrahim Al Nooryani, CEO of Etisalat Pakistan; Hatem Bamatraf, President and CEO of PTCL and Ufone; and Kamal Shehadi, Chief Strategy Officer of Strategy e& International, in a press release here.
The meeting was attended by Ayesha Ghous Pasha, Minister of State, Ministry of Finance, Tariq Bajwa, SAPM Finance Directorate, Tariq Mehmood Pasha, Director General, SAPM Finance Directorate, Minister of Finance, Minister of IT and Telecommunications, and senior officials from the Ministry of Finance and Privatization.
Senator Ishakhdar, Minister of Finance, welcomed the delegation and highlighted the deep-rooted fraternal relationship between Pakistan and the UAE.
Ishaq Dar recalled his meetings with Etisalat in Abu Dhabi and Dubai during his recent visit to the UAE, and emphasized the importance of resolving outstanding issues between Etisalat and the Privatization Committee and advancing mutually beneficial solutions.
He also highlighted Pakistan’s foreign investment prospects, especially in the fast-growing IT and telecom sectors, and said the government was providing an enabling environment and facilitation measures to attract foreign investment.
Mikhail Gerchuk, CEO of e& International, briefly introduced the company profile and future investment in Pakistan at the meeting, and expressed his willingness to further invest in the country’s IT and telecommunications industries.
The parties agreed to continue to resolve all outstanding issues between Etisalat and the Privatization Commission in a spirit of good faith.
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