Prime Minister Shehbaz Sharif on Tuesday at the recent advertisement by the United Arab Emirates to invest $1 billion in colorful profitable and investment sectors in Pakistan.
He expressed these views as he held a telephonic discussion with UAE President Sheikh Mohamed bin Zayed Al Nahyan.
Last week, the UAE’s state news agency WAM reported that the area intended to invest $1bn in Pakistani companies across colorful sectors.
The move will probably help revive investor sentiment in the country, which has been beset by abating foreign exchange reserves as well as a cheapening rupee.
Before Sunday, the high minister in a tweet had thanked the UAE chairman for the investment his country was going to make in Pakistan’s colorful sectors.
During the discussion with the UAE chairman moment, PM Shehbaz stressed the generous support extended by the Gulf country to Pakistan over time and thanked him.
The two leaders changed views on matters of common interest, the PM Office said in a statement.
Reaffirming the close brotherly ties between the two countries, they agreed to work nearly to further enhance bilateral cooperation in different fields.
The high minister offered his condolences on the damage caused by recent cataracts in the Emirates, performing in the loss of precious lives including those of Pakistani citizens.
He also expressed his deepest sympathies with the Emirati lines.
The UAE chairman also extended his sincere commiserations on the loss of precious lives in cataracts in Pakistan as well as on the martyrdom of the army labor force in the recent copter crash.
Recalling the opinions taken during the premier’s visit to the UAE in April 2022, the two leaders reviewed the progress and resolved to further strengthen trade and profitable ties, with particular focus on accelerating cooperation and structure hookups in areas comprising investments, energy, and structure.
