UAE’s economic team to arrive in Pakistan today

Economic experts will discuss implementation of decisions taken during the PM’s visit


Our Correspondent May 02, 2022
PHOTO: RP

ISLAMABAD:

A team of economic experts from the United Arab Emirates is scheduled to visit Pakistan on Tuesday (today) to discuss the implementation of decisions made by the leadership of both countries, the Prime Minister's Office (PMO) said on Monday.

The UAE economic experts would also meet Prime Minister Shehbaz Sharif in Lahore. In addition, the delegation would also interact with the government’s economic team and deliberating on the ways to accelerate the economic activities between the two countries.

The announcement comes a day after PM Shehbaz, in a meeting with United Arab Emirates Crown Prince Sheikh Mohamed bin Zayed Al Nahyan, held extensive consultations over the prospects of propelling cooperation and a range of bilateral, regional and international issues.

The premier met the crown prince in Abu Dhabi during his brief stay in the state after concluding his three-day visit to Saudi Arabia.

Read More: Shehbaz begins Saudi visit with prayers in Madina

The two sides had reviewed a number of regional and international issues of common concern, according to the Emirates News Agency.

The two leaders had also discussed issues of regional and international importance. They decided to remain in regular contact on all issues of mutual interest as well as coordinate positions at multilateral forums including the UN and the OIC.

Upon the arrival of the UAE economic team on Tuesday, the prime minister would host a dinner reception for the delegation which would also discuss the promotion of economic and trade relations as well as the investment.

The members of the delegation would be apprised of a conducive atmosphere for investment in Pakistan.

The discussion on cooperation in the fields of energy, economy, and petroleum industry is also on the agenda.

Last year, the United Arab Emirates rolled over $2 billion loan it had provided to Pakistan as part of the financial bailout package.

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