Pakistan and the United Arab Emirates (UAE) have inked scores of memorandums of understanding (MoUs) totaling billions of dollars.
Caretaker Prime Minister Anwaar-ul-Haq Kakar made this announcement during his official two-day visit to the Gulf nation, emphasizing the transformative impact of these agreements on both economic and strategic fronts.
The signing ceremony, attended by Army Chief General Asim Munir and federal ministers from Pakistan, along with key ministers from the UAE, marked a pivotal moment in strengthening the already deep-rooted ties between the two nations.
PM Kakar highlighted the historic foundation of friendship between Pakistan and the UAE, initially laid by Sheikh Zayed bin Sultan Al Nahyan in the 1970s and further advanced by his son, Sheikh Mohamed bin Zayed Al Nahyan, into a new era.
Expressing optimism, PM Kakar anticipated that the MoUs inked by the countries would swiftly materialize into tangible projects, fostering mutual growth and cooperation.
The visit included a bilateral meeting between PM Kakar and UAE President Mohamed bin Zayed in Abu Dhabi. Both leaders underscored the enduring fraternal ties between Pakistan and the UAE, emphasizing their commitment to bolstering strategic cooperation and dialogue.
During the discussions, PM Kakar conveyed profound gratitude for the UAE’s steadfast support in the economic and financial domains, acknowledging the significant role played by the 1.8 million Pakistanis residing in the UAE, contributing to the prosperity and development of both nations.
The leaders also addressed regional and global developments, particularly focusing on the deteriorating human rights and humanitarian situation in occupied Palestine. PM Kakar reiterated Pakistan’s support for a just and durable solution to the Palestinian question, aligning with international law and relevant United Nations and OIC resolutions.
The bilateral meeting witnessed the signing of crucial MoUs spanning investment cooperation in energy, port operations projects, wastewater treatment, food security, logistics, minerals, and banking and financial services. These agreements are poised to unlock multi-billion dollar investments from the UAE into Pakistan, aligning with initiatives outlined under the Special Investment Facilitation Council (SIFC).
