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Wednesday, October 4, 2023

UAE explores further expansion of investment in Pakistan – Pakistan


The United Arab Emirates (UAE) expressed its willingness to further expand investment and trade in Pakistan.

The UAE delegation, led by Sheikh Ahmed bin Darmouk Al Maktoum, and Federal Maritime Affairs Minister Faisal Subzwari made the achievement during a meeting in Karachi on Thursday. progress.

read more: Prime Minister and President of Iran inaugurate 100 MW transmission line project

The two countries discussed multi-million dollar investments in Pakistan and signed a memorandum of understanding on development projects that will strengthen relations between the two countries.

The minister said the federal government was actively cooperating with host countries on investment, emphasizing that a strong bilateral relationship has huge potential for growth.

During its visit to KPT, the UAE delegation represented the interests of the government.

Experts believe that such investments will not only strengthen ties between Pakistan and the UAE, but also restore the confidence of Pakistani investors and businessmen.

Earlier, Prime Minister Sheikh Baz Sharif, speaking with a delegation from the Pakistan Business Council in Abu Dhabi on January 13, said his meeting with the UAE leader was a success.

The Prime Minister encouraged the UAE delegation from the Pakistan Business Council to do business and invest in the country, especially in the fields of energy, real estate, information technology, food processing, tourism and others.

The Prime Minister also invited the members of the delegation to come to Pakistan with investment and business proposals.

Members of the delegation expressed satisfaction with the economic policies of the Pakistani government and expressed interest in doing business and investing in Pakistan.


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