HomeNewsDiplomatic NewsPakistan and UAE sign multi-billion dollar MOUs

Pakistan and UAE sign multi-billion dollar MOUs


Abu Dhabi, 28 November 2023(TDI): Caretaker Prime Minister Anwar-Ul-Haq Kakar on Monday held a bilateral engagement with the President of the United Arab Emirates (UAE), Sheikh Muhammad bin Zayed Al Nahyan in Abu Dhabi. 

During this meeting, the Chief of Army Staff, Pakistan, General Syed Asim Munir was also present along with Prime Minister. 

The leaders highlighted that Pakistan, and the United Arab Emirates share historic and deep-rooted fraternal ties which have stood the test of time. 

Both Heads of State reaffirmed their resolve to further strengthen bilateral strategic cooperation and dialogue between the two countries of Pakistan and UAE (United Arab Emirates). 

UAE is home to 1.8 million Pakistanis, Prime Minister Kakar

The Prime Minister of Pakistan expressed his profound gratitude for the support of UAE to Pakistan specifically in the economic and financial domain. 

The interaction witnessed the signing of MOUs between Pakistan and UAE pertaining to investment cooperation in the sectors of Energy, Port Operations Projects, Wastewater treatment, Food Security, Logistics, Minerals, and Banking and Finance Services. 

These memoranda of understandings will unlock multi-billion dollars of investment from the United Arab Emirates into Pakistan and will help realize various initiatives envisioned under SIFC (Special Investment Facilitation Council). 

It was noted that the UAE is home to 1.8 million Pakistanis who contribute to the progress, prosperity, and economic development of the two brotherly nations. 

Also Read: Pakistan’s SIFC briefing focuses on Foreign Investment Promotion

During their interaction, regional and global developments were also part of the discussions with particular reference to the deteriorating human rights and humanitarian situation in occupied Palestine, especially Gaza. 

Prime Minister Kakar expressed Pakistan’s support for the just and durable solution of the Palestinian question anchored in international law and in line with the relevant United Nations and OIC (Organization of Islamic Cooperation) resolutions. 

Additionally, the Prime Minister reiterated Pakistan’s full support to the UAE for the presidency of COP 28, highlighting its importance as an opportunity for meaningful progress towards effective and result oriented global actions. 

This would significantly help in the key areas to mitigate climate impact including the establishment of the Loss and Damage Fund. 

Prime Minister Kakar in a video message for the public of Pakistan termed the signing of these MOUs as a historic event that will usher in a new era of Pak-UAE economic partnership. 


Abdul Momin Rasul
Abdul Momin Rasul
Abdul Momin Rasul is pursuing BS International Relations from the National University of Modern Languages (NUML). The arenas of diplomacy and foreign policy intrigue him to delve deep into analyzing the broader scenario of global affairs. Besides, the author is also exploring the field of media and journalism.

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