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Pakistan-UAE sign MoUs worth multi-billion dollars: PM

UAE: Pakistan and United Arab Emirates (UAE) signed several multi-billion dollars Memorandum of Understandings (MoUs) in a range of areas here on Monday to boost economic and strategic cooperation between the two countries, Caretaker Prime Minister Anwaar-ul-Haq Kakar said in a video message.

The prime minister, who is on a two-day visit to the UAE, said with the signing of the MoUs, the bilateral economic and strategic relations had entered into new era of bilateral cooperation.

Congratulating the people of Pakistan and the UAE, he said foundation of friendship with Pakistan that was laid by Sheikh Zayed bin Sultan Al Nahyan in the 1970s had been taken forward by his son Sheikh Mohammed bin Zayed Al Nahyan to a new era, the official news agency reported.

Army Chief General Asim Munir and federal ministers were present on the occasion while on the other side all the important ministers of UAE were also present.

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PM Kakar expressed the hope that the MoUs that were signed by the Pakistan-UAE would turn into tangible projects very soon.

Meanwhile, Caretaker Prime Minister Anwaar-ul-Haq Kakar held a bilateral meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan on Monday.

Chief of Army Staff General Asim Munir was also present on the occasion.

According to the Prime Minister’s Office Press Wing, the leaders underlined that Pakistan-UAE have historic and deep-rooted fraternal ties which have stood the test of time.

They reaffirmed the resolve to further strengthen bilateral strategic cooperation and dialogue between Pakistan and the UAE.

Prime Minister Kakar expressed profound gratitude for the UAE’s firm support to Pakistan in economic and financial domain.

The UAE is home to 1.8 million Pakistanis, contributing to the progress, prosperity and economic development of the two brotherly countries.

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During the meeting, regional and global developments were also discussed with particular reference to the deteriorating human rights and humanitarian situation in the occupied Palestine. The prime minister expressed Pakistan’s support to a just and durable solution of the Palestinian question anchored in international law and in line with relevant United Nations and OIC resolutions.

PM Kakar reiterated Pakistan’s full support to the UAE’s presidency for COP28, underlining its importance as an opportunity for meaningful progress towards effective and result-oriented global actions in key areas to mitigate climate impact including establishment of the Loss and Damage Fund.

The two leaders witnessed the signing of MoUs between Pakistan-UAE pertaining to investment cooperation in the sectors of energy, port operations projects, waste water treatment, food security, logistics, minerals, and banking & financial services.

Following his visit to the United Arab Emirates, Caretaker Prime Minister Anwaar-ul-Haq Kakar will embark on a bilateral visit to the state of Kuwait on November 28-29.

During the visit, the prime minster will meet Sheikh Meshal Al Jaber Al Sabah, Crown Prince of Kuwait, and Sheikh Ahmed Nawaf Al Ahmed Al Sabah, Prime Minister of Kuwait.

The visit will include signing of various MoUs in the field of manpower, information technology, mineral exploration and food security, energy and defence.

Pakistan and Kuwait enjoy deep rooted and historical ties spanning over six decades. The year 2023 marks the 60th anniversary of the establishment of diplomatic relations.

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