Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Pakistan PM to seek fresh economic package from UAE - report

FILE PHOTO: Pakistan's Prime Minister Shehbaz Sharif speaks at a news conference, during a summit on climate resilience in Pakistan, months after deadly floods in the country, at the United Nations, in Geneva, Switzerland, January 9, 2023. REUTERS/Denis Balibouse

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 on Thursday, citing sources.

Sharif will also seek deferment of a $2 billion loan repayment to the UAE due in the coming weeks and hold talks on finalising a $2 billion investment in Pakistan during his visit to the country on Thursday and Friday, 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.

(Reporting by Shivam Patel and Sakshi Dayal in New Delhi; Editing by Jacqueline Wong and Toby Chopra)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.