Pakistan and the United Arab Emirates (UAE) have signed memorandums of understanding (MoUs) value multi-billion {dollars} to spice up financial, regional, and strategic cooperation, Caretaker Prime Minister Anwaar-ul-Haq Kakar stated in a video assertion from Abu Dhabi.
The MoUs signed between the 2 international locations would flip into tangible tasks very quickly, the premier stated within the video launched by the Prime Minister’s Workplace (PMO) on X, previously Twitter.
The interim prime minister congratulated the folks of Pakistan and the UAE, saying the inspiration of friendship with Pakistan was laid by Sheikh Zayed bin Sultan Al Nahyan in Nineteen Seventies, and has been taken ahead by his son Sheikh Mohammed bin Zayed Al Nahyan to a brand new period of bilateral cooperation.
In a separate message, the PMO knowledgeable that interim PM Kakar held a bilateral assembly with His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, in Abu Dhabi. The Military chief was additionally current on the event.
The 2 leaders witnessed the signing of MoUs between Pakistan and the UAE pertaining to funding cooperation within the sectors of vitality, port operations tasks, waste water remedy, meals safety, logistics, minerals, and banking and monetary providers.
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“These MoUs will unlock multi-billion {dollars} of funding from United Arab Emirates into Pakistan and can assist realise numerous initiatives envisioned beneath Particular Funding Facilitation Council (SIFC),” the PMO stated.
The leaders underlined that Pakistan and the UAE have historic and deep-rooted fraternal ties, which have stood the check of time. They reaffirmed the resolve to additional strengthen bilateral strategic cooperation and dialogue between Pakistan and the UAE, it added.
Through the assembly, the PMO added, regional and international developments have been additionally mentioned with explicit reference to the deteriorating human rights and humanitarian scenario within the occupied Palestine.
The prime minister expressed Pakistan’s help to a simply and sturdy resolution of the Palestinian query anchored in worldwide regulation and according to related United Nations and OIC resolutions.
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The PMO stated Kakar reiterated Pakistan’s full help to the UAE’s Presidency for COP 28, underlining its significance as a chance for significant progress in the direction of efficient and result-oriented international actions in key areas to mitigate local weather affect together with institution of the Loss and Injury Fund.
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