Report: Pakistan PM to seek fresh economic package from UAE 

Politics
12 Jan 2023 • 7:49 PM MYT
Malay Mail
Malay Mail

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ISLAMABAD, Jan 12 — Pakistani Prime Minister Shehbaz Sharif will seek a fresh economic package for his country from the United Arab Emirates during his two-day visit there, broadcaster ARY News reported today, citing sources.

Sharif will also seek deferment of a US$2 billion (RM8.7 billion) loan repayment to the UAE due in the coming weeks and hold talks on finalising a US$2 billion investment in Pakistan during his visit to the country today and tomorrow, the report said.

Pakistan’s information ministry did not immediately respond to a request for comment from Reuters.

Sharif said his visit was aimed at building further on his previous conversation with UAE’s President Mohamed Bin Zayed.

“We share a resolve & understanding that the continuous efforts need to be made to further strengthen trade, investment & economic relations,” he said on Twitter. — Reuters

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