Pakistan will request a new economic package from the UAE.

A new economic package for Pakistan would be sought by Prime Minister Shehbaz Sharif during his visit to the United Arab Emirates (UAE).

At the invitation of UAE President Sheikh Mohamed bin Zayed Al Nahyan, PM Shehbaz Sharif is travelling for two days in the United Arab Emirates (UAE).

The $2 billion loan from Pakistan to the UAE that is due in the next few weeks will be postponed during the visit, according to prime minister Shehbaz Sharif.

According to reports, the premier will meet with UAE authorities to finalise a $2 billion investment in Pakistan. Discussions about boosting bilateral trade between the two countries would also take place, they added.

He will meet with Sheikh Mohamed bin Zayed, the President of the UAE, during the trip, with a focus on strengthening the connections between the two brotherly nations’ economies, commerce, and investment, as well as expanding possibilities for the Pakistani workforce in the UAE. A variety of regional and global problems of shared concern will also be discussed by the two leaders.

The UAE’s Vice President and Ruler of Dubai, Sheikh Muhammad bin Rashid Al Maktoum, will meet with PM Shehbaz.

The prime minister will meet with businesspeople and investors from the Emirati during his visit to discuss ways to improve bilateral trade and investment.

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