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PM Resolves to Transform Pakistan-UAE Ties into Mutually Beneficial Economic Partnership

Prime Minister Shehbaz Sharif has reaffirmed Pakistan's commitment to enhancing its economic relationship with the United Arab Emirates (UAE), emphasizing the need to transform bilateral ties into a mutually beneficial economic partnership. During a recent meeting with Sheikh Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, the Prime Minister highlighted the importance of deepening cooperation in various sectors, including trade, investment, and technology. The Prime Minister's visit to the UAE comes at a time when both nations are looking to strengthen their economic ties. Sharif expressed his desire to expand collaboration in diverse fields, particularly in trade and investment, which are crucial for both countries' economic growth. He noted that the UAE is one of Pakistan's largest trading partners and a significant source of foreign investment, making it essential to foster a robust economic relationship. In addition to trade, the discussions also focused...

Pakistan Embraces Chinese Investment for a Prosperous Future

 



In a significant policy shift, Pakistan is now prioritizing Chinese investment rather than foreign aid, as articulated by Finance Minister Senator Muhammad Aurangzeb during the Boao Forum for Asia 2025 in China. This new approach aims to attract investment and foster technical collaboration, particularly in key sectors such as agriculture, technology, and infrastructure.

Aurangzeb highlighted the importance of Chinese investments, citing successful partnerships under the Belt and Road Initiative (BRI) that have already yielded substantial infrastructure and energy projects in Pakistan. He emphasized that the country is looking to transition from a dependency on aid to a more sustainable economic model that leverages investment for growth.

The Finance Minister pointed out ongoing initiatives to revitalize Pakistan’s agricultural sector, including Prime Minister Shehbaz Sharif's recent visit to China, which focused on exploring innovations in vertical farming and enhancing agricultural education. As part of these efforts, Pakistan plans to send 1,000 students and agricultural specialists to China for training, aiming to build capacity and expertise in modern farming techniques.

Aurangzeb also praised China’s leadership in green technologies and environmental sustainability, expressing Pakistan’s eagerness to learn and implement similar strategies. This strategic pivot towards investment signifies a crucial step in enhancing economic resilience and fostering long-term growth, positioning Pakistan as an attractive destination for Chinese investors.

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