President seeks UAE investment

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UAE NATIONAL DAY: President Asif Zardari, PM Shehbaz Sharif and UAE’s Ambassador to Pakistan Hamad Obaid Ibrahim Salem Alzaabi cut a cake in Islamabad. photo: express

ISLAMABAD:

President Asif Ali Zardari on Tuesday reaffirmed Pakistan's commitment to further strengthening bilateral relations with the UAE, describing the relationship as a bond rooted in "faith, trust, and mutual respect".

The president was addressing a reception in Islamabad held to mark the UAE's 53rd National Day, "Eid Al Etihad".

Prime Minister Shehbaz Sharif, UAE's Ambassador to Pakistan Hamad Obaid Ibrahim Salem Alzaabi, members of the diplomatic community and government officials attended the event.

Addressing the occasion, the president said that Pakistan wanted to enhance cooperation with the UAE in key sectors, such as information technology, renewable energy, agriculture and tourism.

He invited UAE businesses to explore opportunities in Pakistan, including the Pakistan Stock Exchange, renewable energy and other promising sectors as it offered an investment-friendly environment.

The president highlighted that the Pak-UAE relations had flourished into a trustworthy strategic partnership, encompassing political, economic and social dimensions, adding the UAE was one of Pakistan's most significant economic partners and one of the largest investors in the country.

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