Pakistan Foreign Minister Qureshi lauds UAE for rolling over $2b loan payment

Dubai: Pakistan Foreign Minister Shah Mahmood Qureshi has thanked the UAE for rolling over payment of $2b loan which has already mature.

Pakistan Foreign Office announced the news after a meeting between Qureshi and Sheikh Abdullah Bin Zayed Al Nahyan, UAE’s Minister of Foreign Affairs and International Coopertion in Abu Dhabi on Monday.

Foreign Minister Qureshi thanked the UAE for its continued support and cooperation bilaterally, as well as at the international forums. “Pronouncing the UAE’s decision to rollover the US$2 billion deposit by the Abu Dhabi Fund, Foreign Minister Abdullah affirmed the UAE’s commitment to extend every possible support to Pakistan. Foreign Minister Qureshi thanked his counterpart, underscoring that the decision reflected the warm and brotherly ties between the two countries,” says a statement issued by the Pakistan Foreign Office.

According to WAM, during the meeting, Sheikh Abdullah and Qureshi reviewed the prospects of growing cooperation between the two friendly nations across all fronts, specially in the trade, health and economic domains.

Long-standing relations

Sheikh Abdullah affirmed the depth and strength of relations between the UAE and Pakistan, which, he said, are long-standing and based on mutual trust and respect. He stressed the two nations’ determination to grow cooperation across all fields for the common good of both nations’ peoples.

The two sides discussed the ongoing cooperation between the two countries to stem the fallout of the COVID-19 pandemic, and ways of accelerating global synergy to address the impact of the disease and ensure the delivery of its vaccine to all countries of the world

The two ministers also reviewed the details of Pakistan’s participation in the Expo 2020 Dubai, which will open in October this year, with Sheikh Abdullah congratulating Qureshi on the completion of his country’s pavilion, wishing his country successful participation in the much-awaited global event.

Attending the meeting was Ahmed Ali Al Sayegh, Minister of State.

Invitation

Expressing sincere appreciation for UAE’s warm hospitality, Foreign Minister Qureshi reiterated his invitation to Foreign Minister Abdullah to visit Pakistan at the earliest opportunity. Foreign Minister Abdullah graciously accepted the invitation.

Visit concluded

Concluding his three-day visit to the UAE, from April 17 to 19, Foreign Minister Qureshi departed the UAE on Tuesday morning. In addition to his official engagements, the Foreign Minister met Pakistan Business Council, members of Pakistani community, including investors and businessmen, in Dubai and interacted with local and international media in Abu Dhabi and Dubai. He also visited EXPO 2020 Dubai and the Pakistan Pavilion being set up to showcase the potential of Pakistan in the region’s biggest ever exposition organised by the UAE.



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