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UAE envoy calls on Federal Minister to discuss privatisation in line with his vision

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PPA

ISLAMABAD: His Excellency, Hamad Obaid Ibrahim Salem Al-Zaabi, Ambassador of United Arab Emirates to Pakistan called on the Caretaker Federal Minister for Privatisation, Fawad Hasan Fawad on Monday at Privatisation Division. Issues of mutual interest and cooperation came under discussion at length.

The Ambassador recalled the recent visit to UAE by Caretaker Prime Minister, Anwaar-ul-Haq Kakar as an outstandingly successful visit and conveyed the desire of His Royal Highness Sheikh Mohamed bin Zayed Al Nahyan to extend full support and cooperation for development of Pakistan.

The Ambassador apprised that his government wants to move towards implementation of recently signed MOUs on a fast track in order to enable Pakistan to meet its economic challenges. The Ambassador also complimented the current government’s policy initiatives for supporting economy and investment.

The Federal Minister thanked the ambassador and the UAE government for their longstanding and continuous support for Pakistan and observed that both countries have a long history of cordial and brotherly relations. The Minister also apprised the Ambassador of the ongoing privatisation process in Pakistan and the opportunities of investment that may arise in the near future which can provide a very good return on investment.

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