UAE and Pakistan sign key MoUs, joint Business Council launched

Islamabad: The United Arab Emirates (UAE) and Pakistan and Pakistan on Monday signed two Memoranda of Understanding (MoUs) and an agreement aimed at enhancing bilateral cooperation in various sectors.

The MoUs and agreements were formalised during a meeting between UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan and Pakistan’s Deputy Prime Minister and Finance Minister Ishaq Dar in Islamaba

Sheikh Abdullah bin Zayed met in Islamabad with Muhammad Ishaq Dar on Monday. During the meeting, the two top diplomats discussed bilateral relations and explored ways to further strengthen cooperation across various fields, serving the mutual interests of both nations.

Key issues

Sheikh Abdullah bin Zayed and Ishaq Dar also reviewed a number of key issues related to the strategic UAE-Pakistan partnership and discussed opportunities to enhance collaboration in several vital sectors, Wam reported.

Sheikh Abdullah bin Zayed emphasised the deep-rooted friendship between the UAE and Pakistan, noting the shared commitment to reinforcing ties across sectors that support the developmental priorities of both countries.

He expressed his eagerness to work closely with Muhammad Ishaq Dar to further advance this distinguished relations and wished Pakistan and its people continued prosperity and progress.

MoUs and agreement

The meeting concluded with the signing of two Memoranda of Understanding (MoUs) and one agreement between the two countries.

Sheikh Abdullah and Ishaq Dar signed an MoU to establish a Joint Consular Affairs Committee.

The two ministers also signed an agreement to boost cultural cooperation between the UAE and Pakistan. They also witnessed the exchange of an MoU to establish a UAE-Pakistan Joint Business Council.

The MoU was exchanged by Saeed Mubarak Al Hajeri, Assistant Minister for Economic and Trade Affairs, and Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry.

The meeting was also attended by Ahmed bin Ali Al Sayegh, Minister of State; Saeed Mubarak Al Hajeri, Assistant Minister for Economic and Trade Affairs; Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability, and Hamad Obaid Al Zaabi, UAE Ambassador to the Islamic Republic of Pakistan.

Sheikh Abdullah Bin Zayed arrived in Pakistan on a two-day visit on Sunday.

Bilateral relations

Earlier, welcoming the UAE Deputy Prime Minister at the Ministry of Foreign Affairs, DPM Dar said the two countries shared a decades-old fraternal relationship rooted in mutual commitment, love, and affection.

Expressing satisfaction with the current pace of bilateral relations, Sheikh Abdullah bin Zayed said the leadership of both countries was keen to further strengthen the relationship.

Sheikh Abdullah’s visit comes after Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan visited Pakistan in February, during which the two countries signed five agreements to enhance bilateral cooperation in various fields, including banking, railways, mining and infrastructural investment.