UAE president arrives in Rahim Yar Khan- Loan expected

The President of the United Arab Emirates (UAE) Sheikh Mohammed bin Zayed Al Nahyan on Wednesday arrived in Pakistan’s Rahim Yar Khan district to discuss issues of bilateral interest between the two countries, UAE’s WAM news agency reported.

Pakistani Prime Minister Shehbaz Sharif, together with a number of ministers and senior officials, received the president at the airport. Later, the two sides held a meeting to review diplomatic ties and talked about opportunities to enhance joint cooperation.

“Prime Minister Sharif welcomed the visit of His Highness Sheikh Mohamed to Pakistan, stressing that it represents a strong drive toward developing the relations of the two friendly countries,” the agency reported.

“The two parties discussed various cooperation paths, especially in the fields of economy, trade, and development, which are in line with the two countries’ sustainability objectives,” the report stated.

Earlier, UAE announced to roll over its existing deposit of $2 billion in Pakistan’s central bank after President Al Nahyan agreed to lend an additional $1 billion to help the administration in Islamabad which has been asking for loans from brotherly countries.

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