Prime Minister Shehbaz Sharif begins visit to UAE to advance investment ties

ISLAMABAD – Prime Minister Shehbaz Sharif on Thursday paid a two-day official visit to the United Arab Emirates (UAE).

The prime minister visited the Middle Eastern nation at the invitation of UAE President Sheikh Mohammed bin Zayed Al Nahyan. The prime minister is accompanied by a high-level delegation, including key cabinet members.

In a statement, the Foreign Office spokesman confirmed that during the visit, the Prime Minister will meet the UAE President and Prime Minister with a focus on promoting economic, trade and investment ties between the two sides, in addition to creating increased opportunities for the workforce of Pakistan. in the gulf nation.

During his scheduled meeting, Prime Minister Shehbaz will discuss a number of regional and global issues of mutual interest.

The PML-N leader will also interact with Emirati businessmen and investors to discuss ways to strengthen bilateral ties.

The Treasury statement said: “Pakistan and the UAE enjoy close ties based on common faith and traditions, shared history and heritage. deep-rooted cultural affinities, geographical proximity and identity of views on various regional and global issues… Regular high-level exchanges and visits are a key feature of this relationship.”

The Prime Minister is visiting the UAE for the third time since taking office last year.

Local media reports also claimed the prime minister would ask the UAE to roll over $2 billion of expiring debt, in addition to proposing stakes in listed state-owned companies.

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