These MoUs will usher in a brand new period of financial, strategic cooperation: PM.
ISLAMABAD/ ABU DHABI – Prime Minister Anwaarul Haq Kakar mentioned that Pakistan and the United Arab Emirates have signed completely different MoUs value multibillion {dollars} at Abu Dhabi on Monday.
In his particular video message from Abu Dhabi, he congratulated the folks of each states over signing of those MoUs. He mentioned these MoU will usher in a brand new period of financial cooperation, regional stability and strategic cooperation.
The prime minister mentioned the financial advantages of those MoU will quickly be witnessed by completely different tangible initiatives. He mentioned the friendship between the 2 international locations that was based by Sheikh Zayed in 70s has now been entered into a brand new period by his son Mohammed bin Zayed Al Nahyan. Military Chief Basic Syed Asim Munir and Ministers from each international locations had been additionally current throughout the MoUs signaling ceremony.
Additionally, Pakistan and UAE have reaffirmed the resolve to additional strengthen bilateral strategic cooperation and dialogue between the 2 international locations. The resolve was made throughout a bilateral assembly of Caretaker Prime Minister Anwaarul Haq Kakar and President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi on Monday.
Chief of Military Employees Basic Syed Asim Munir was additionally present on this event.
The leaders underlined that Pakistan and the UAE have historic and deep-rooted fraternal ties which have stood the take a look at of time. The prime minister expressed profound gratitude for the UAE’s agency assist to Pakistan in financial and monetary area. In the course of the assembly, regional and international developments had been additionally mentioned with specific reference to the deteriorating human rights and humanitarian state of affairs within the occupied Palestine.
The prime minister expressed Pakistan’s assist to a simply and sturdy answer of the Palestinian query anchored in international legislation and consistent with related United Nations and OIC resolutions.
The prime minister reiterated Pakistan’s full assist to the UAE’s Presidency for COP 28, underlining its significance as a chance for significant progress in direction of efficient and result-oriented international actions in key areas. The 2 leaders witnessed the signing of MoUs between Pakistan and the UAE pertaining to funding cooperation within the sectors of Power, Port Operations Tasks, Waste Water Remedy, Meals Security, Logistics, Minerals, and Banking and Monetary Companies.
These MoUs will unlock multi-billion {dollars} of make investmentsment from United Arab Emirates into Pakistan and can assist realise numerous initiatives envisioned below Particular Make investmentsment Facilitation Council.
The prime minister termed the signing of MoUs as a historic occasion that may usher in a brand new period of Pak-UAE financial halfnership.
Following his go to to the United Arab Emirates, Prime Minister Anwaarul Haq Kakar will embark on a bilateral visit to the State of Kuwait immediately. In the course of the go to, the Prime Minster will meet Crown Prince of State of Kuwait Sheikh Meshal Al Jaber Al Sabah and Prime Minister of the State of Kuwait Sheikh Ahmed Nawaf Al Ahmed AL Sabah. The go to will embrace signing of assorted MoUs within the subject of Manpower, Data Know-how, Mineral exploration and Meals Safety, Power and Defence. Pakistan and Kuwait get pleasure from deep rooted and historic ties spanning over six many years.
The yr 2023 marks the 60th anniversary of the set upment of diplomatic relations
‘PAK-UAE STRENGTHENING TIES’
Pakistan’s Ambassador to the UAE, Faisal Niaz Tirmizi, on Monday welcomed Prime Minister Anwar-ul-Haq Kakar’s visit to the United Arab Emirates (UAE), highlighting the shared dedication to fortify strategic cooperation and foster economic, industrial, and developmental integration for a brighter future.
“A collection of MoUs are anticipated to be signed throughout Prime Minister Anwar-ul-Haq Kakar’s go to to the United Arab Emirates, particularly within the power, banking, civil aviation, and other sectors,” he revealed in an interview with PTV information channel.
Each nations are emphasizing the considerable financial execspects and noteworthy opportunities achievable by the strengthening of their strategic partnership and elevated joint investments. Stressing the importance of showcasing promenadeising sectors to traders in each international locations, he underlined power, aviation, ports, meals safety, and banking as focal factors throughout the PM’s go to. This go to follows the landmark commerce agreements beforehand inked, the place the 2 international locations will evaluate progress in bilateral relations.
“Pakistan warmly welcomes this fraternal gesture and eagerly anticipates substantial investments from our Emirati counterparts,” he remarked.
Highlighting the present bilateral commerce at $10 billion, he emphasised its potential for important enlargement, noting the presence of over 1.eight million Pakistanis working within the UAE. The Ambassador additionally excessivelighted the UAE’s continued want for expert employees throughout numerous sectors, expressing Pakistan’s curiosity in offering additional alternatives for its residents on this regard.
Moreover, the Prime Minister is ready to steer the Pakistani delegation on the COP-28 summit, timed strategically for international locations like Pakistan grappling with the results of local weather change. Pakistan has been actively engaged in international environmental discussions, taking part in a number one position. In response to a question, the ambassador pressured the need for consistency in financial insurance policies, regardless of the ruling authorities.