Islamabad, In a meeting that underscores the deep-rooted ties between Pakistan and the United Arab Emirates, UAE Ambassador Hamad Obaid Ibrahim Salim Alzaabi engaged with Pakistan’s Finance Minister Muhammad Aurangzeb to deliberate on strengthening economic cooperation and bilateral relations. The discussions highlighted the mutual interest in fostering a dynamic partnership for mutual prosperity.

According to Ministry of Information and Broadcasting, Ambassador Alzaabi congratulated Minister Aurangzeb on his recent appointment and voiced optimism for an intensified economic relationship between the two nations. The dialogue reaffirmed the commitment to leveraging the longstanding camaraderie rooted in shared cultural and historical bonds for tangible economic benefits.

During the meeting, Minister Aurangzeb elucidated the initiatives undertaken by Pakistan to enhance its investment climate, particularly mentioning the Special Investment Facilitation Council aimed at catalyzing foreign investments across diverse sectors. He also referenced significant strides in the government’s privatization agenda, including the privatization of Pakistan International Airlines, illustrating the country’s efforts towards economic modernization and reform.

The Ambassador lauded these reformative steps, indicating the UAE’s supportive stance towards Pakistan’s economic evolution. As the meeting concluded, both parties reiterated their dedication to deepening the Pakistan-UAE partnership, with a mutual pledge to advance economic cooperation and reinforce the bilateral ties that have flourished over the years.