ISLAMABAD: Pakistan’s finance minister Ishaq Dar said on Thursday the United Arab Emirates (UAE) was working with his government in different sectors, though the two countries still had a great deal of economic potential that had not been harnessed and could benefit their people.
Dar made the observation during a meeting with the UAE envoy, Hamad Obaid Ibrahim Salim Al-Zaabi, at the Finance Division in Islamabad.
They both agreed that the two countries shared long-standing strategic relations while exchanging views on further strengthening the economic ties between them.
“Finance Minister Senator Ishaq Dar stated that Pakistan and UAE are engaging in various areas including energy, refinery, petroleum and trade,” said an official statement released after the meeting. “However, still a lot of potential remains unexplored. In this regard, the Finance Minister also highlighted various new avenues in which both countries can trade and invest.”
The UAE ambassador said his country was fully cognizant of Pakistan’s development related policies and was also interested in augmenting its investment in new economic sectors.
The finance minister welcomed the proposal while assuring the UAE ambassador of full support and cooperation from the government.
Dar said he was hopeful for the enhancement of bilateral relations between the two countries in the coming days.