PM welcomes UAE’s upcoming $1 bn investment in Pakistan


Head of the state Shehbaz Sharif on Tuesday invited the new declaration by the United Arab Emirates to put $1 billion in different monetary and speculation areas in Pakistan.

He communicated these perspectives as he held a telephonic discussion with UAE President Sheik Mohamed canister Zayed Al Nahyan.

Last week, the UAE’s state news office WAM had detailed that the realm planned to put $1bn in Pakistani organizations across different areas.

The move will probably assist with restoring financial backer opinion in the country, which has been plagued by diminishing unfamiliar trade saves as well as a deteriorating rupee.

Prior on Sunday, the head of the state in a tweet had said thanks to the UAE president for the venture his nation planned to make in Pakistan’s different areas.

During the discussion with the UAE president today, PM Shehbaz featured the liberal help stretched out by the Gulf country to Pakistan throughout the long term and said thanks to him.

The two chiefs traded sees on issues of normal interest, the PM Office said in a proclamation.

Reaffirming the nearby friendly ties between the two nations, they consented to work near additional upgrade reciprocal collaboration in various fields.

The head of the state gave his sympathies on the harm brought about by the new floods in the Emirates, bringing about the deficiency of valuable lives including those of Pakistani nationals.

He likewise communicated his most profound feelings for the Emirati brethren.

The UAE president additionally expanded his ardent empathies on the deficiency of valuable lives in floods in Pakistan as well as on the affliction of armed force staff in the new helicopter crash.

Reviewing the choices taken during the chief’s visit to the UAE in April 2022, the two chiefs audited the advancement and made plans to additionally reinforce exchange and monetary ties, with specific spotlight on speeding up participation and building associations in regions containing ventures, energy, and foundation.

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