ISLAMABAD, Pakistan: The Ambassador of the United Arab Emirates (UAE) Hamad Obaid Ibrahim Salim Al-Zaabi called on the Federal Minister for Finance & Revenue Senator Mohammad Ishaq Dar at the Finance Division in Islamabad on Thursday.
Both the dignitaries shared the historical and long-standing ties between both Countries and exchanged views on further boosting and strengthening these economic ties.
Senator Ishaq Dar stated that Pakistan and UAE are engaging in various areas including energy, refinery, petroleum and trade, however, still a lot of potential is unexplored.
In this regard, he also highlighted various new avenues in which both Countries can trade and invest.
H.E.Hamad Obaid Ibrahim Salim Al-Zaabi,Ambassador of the UAE called on Finance Minister Senator Mohammad Ishaq Dar,today and exchanged views on enhancing bilateral economic relations between Pakistan and the UAE. 🇵🇰🇦🇪 pic.twitter.com/BwTwW0aekO
— Ministry of Finance (@FinMinistryPak) December 1, 2022
The finance minister recalled his recent visit to the UAE and discussed the fruitful meetings held in UAE with management of Abu Dhabi Holding Company and International Holding Company.
It was shared that the ADQ and IHC showed their confidence in the ongoing economic policies of the present government and shared their interest in investing in energy, agriculture, healthcare and other sectors.
The UAE’s ambassador highlighted that UAE is fully cognizant of the development-oriented economic policies of the Country being undertaken by the present government and shared that UAE is keenly interested to augment its investment in Pakistan in new sectors of the economy.
The Finance Minister Ishaq Dar welcomed the proposal for new investment in Pakistan of UAE and assured the UAE’s ambassador of full support and cooperation by the present government.
In conclusion, the finance minister shared sentiments of gratitude for good will and cooperation of his Excellency and hoped to enhance the bilateral relations further in the future.