On Thursday, Pakistan and the United Arab Emirates signed five accords to boost bilateral cooperation in different fields, including banking, railways, mining, and infrastructural investment.
The documents were signed during the first official visit of Crown Prince of Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan to Pakistan, at the invitation of Prime Minister Shehbaz Sharif.
The crown prince and the prime minister witnessed the ceremony as the officials from both sides exchanged the pre-signed documents of agreements and Memorandums of Understanding for cooperation in various fields.
Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed has reiterated the UAE’s support for Pakistan’s economic development and prosperity as the two countries inked deals to boost bilateral ties.
The statement came as the crown prince undertook a day-long visit to Pakistan on Thursday, during which he met with Prime Minister Shehbaz Sharif and discussed matters of bilateral interest.
This was the first official visit of Sheikh Khalid to Pakistan in his capacity as crown prince.
PM Shehbaz warmly welcomed Abu Dhabi’s crown prince while reaffirming Pakistan’s resolve to further strengthen the historic and fraternal bonds between Pakistan and the UAE.
The one-on-one meeting between the two leaders was followed by the delegation level talks.
Recalling his most productive meeting with Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE in Abu Dhabi earlier this month, the premier said that it was a matter of huge satisfaction that the two countries were now working more closely than ever before, to transform their excellent political ties into a mutually beneficial economic partnership.
PM Shehbaz said that during his recent visit to Uzbekistan, the project of the Uzbekistan-Afghanistan-Pakistan Railway Line was discussed, and Uzbekistan showed keen interest in the project.
He further said that the project will benefit the ports of Gwadar and Abu Dhabi and would prove to be a game changer for the whole region.
The PM lauded the UAE’s consistent and strong support for Pakistan in various fields, including at difficult times.
He deeply appreciated the keen interest shown by the UAE in expanding its investment portfolio in Pakistan and remarked that the recent successful investment initiatives between various Pakistani entities and Abu Dhabi Ports were a shining example of this robust and ever-expanding cooperation.
Meanwhile, in a post on X, the PM said, “Honoured to welcome HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, today.
“We held the most fruitful discussions and resolved to further strengthen our excellent bilateral ties, through enhanced trade, investment & energy cooperation. With the encouragement and support of the UAE’s Royal family, Pakistan-UAE ties are growing from strength to strength!”
