ISLAMABAD-Federal Minister for Finance and Revenue Ishaq Dar on Tuesday has welcomed the Qatar and United Arab Emirates (UAE) investment plans in Pakistan.

The finance minister held separate meetings with the ambassadors of Qatar and UAE. The finance minister welcomed the ambassador of Qatar Sheikh Sauod bin Abdulrahman bin Faisal Al-Thani and extended the best wishes to the people and leadership of the State of Qatar. 

He highlighting the long-standing mutual relations between both the brotherly countries, shared that present government is pursuing various reforms for providing greater facilitation to investors and businesses in Pakistan. The finance minister also apprised about the available lucrative investment opportunities in various sectors of Pakistan and welcomed Qatar Investment Authority’s plans to invest $3 billion in various commercial and investment sectors in Pakistan.

Ambassador of Qatar Mr Sheikh Sauod bin Abdulrahman bin Faisal Al-Thani extended felicitations to the finance minister on joining finance ministry and reciprocated the warm and welcoming sentiments with him. The ambassador shared the intention of Qatar’s government for investment in various sectors of Pakistan especially in energy, trade and businesses for further strengthening the bilateral economic ties between both of the countries.

Finance Minister Mr Ishaq Dar while welcoming the investment proposals, assured the ambassador of his all out support and cooperation. Meanwhile, Hamad Obaid Ibrahim Salim Al-Zaabi, Ambassador of the United Arab Emirates (UAE) also called on Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar. Finance Minister Ishaq Dar and HE Mr Hamad Obaid Ibrahim Salim Al-Zaabi, Ambassador of the UAE exchanged views on enhancing and strengthening the bilateral economic relations between both the brotherly countries. Finance Minister Mr Ishaq Dar shared that Pakistan and UAE share long-standing bilateral ties in a number of areas. He also highlighted that present government is focusing on various avenues of mutual interest so that the existing bilateral relations could be extending to a new level.