Qatar to invest in country’s energy, trade, other sectors

F.P. Report

ISLAMABAD: The Ambassador of the State of Qatar, Sheikh Sauod bin Abdulrahman bin Faisal Al-Thani, here on Tuesday expressed his government’s intention to invest in various sectors of Pakistan economy, especially in energy, trade and businesses.

The investment would help further strengthening the bilateral economic ties between both of the countries, the ambassador said during a call on meeting with the Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar.
The ambassador extended felicitations to Dar on joining Finance Ministry and reciprocated the warm and welcoming sentiments with him, according to press statement issued by finance ministry.

On the occasion, Ishaq Dar highlighted the long-standing mutual relations between both brotherly countries. He also shared that the incumbent government was pursuing various reforms for providing greater facilitation to investors and businesses in Pakistan.

He also apprised the ambassador 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.

Dar while welcoming the investment proposals, assured the Ambassador of his full support and cooperation.

Ishaq Dar emphasizes on strengthening trade ties with Afghanistan

Finance Minister Senator Mohammad Ishaq Dar on Tuesday emphasized on leveraging the advantages of proximity and further cementing trade and economic ties with brotherly country Afghanistan.

The minister, in a meeting with Head of Mission-designate to Afghanistan Ubaid Ur Rehman Nizamani, who called on him, extended best wishes to the designated envoy on his new assignment, according to a finance ministry tweet.

Meanwhile, United Arab Emirates (UAE) Ambassador Hamad Obaid Ibrahim Salim Al-Zaabi, in a meeting with the finance minister, conveyed great interest of Abu Dhabi Investment Authority to invest in Pakistan and also exchanged views on strengthening the bilateral economic relations.

In a separate meeting with Deputy opposition leader UK Rt Hon. Angela Rayner and member House of Lords, Lord Wajid Khan, the finance minister discussed issues of regional importance and bilateral relation.

The minister thanked them for their support to the flood affectees. (APP)