Islamabad: An investment agreement worth more than $3 billion has been inked between Pakistan and the United Arab Emirates (UAE) to collaborate on the development of infrastructure, economic zones, and railroads.
On the fringes of the World Economic Forum in Davos, Switzerland, the governments of Pakistan and a corporation based in the United Arab Emirates inked the agreement.
Caretaker Prime Minister Anwaarul Haq Kakar authenticated the authorization of the document by the Federal Minister for Communication, Railways, and Maritime Affairs.
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In his remarks, Shahid Ashraf Tarar of the United Arab Emirates stated that DP World has a long and rich history in Pakistan.
He stated that the two friendly nations have chosen to further solidify their economic cooperation through significant initiatives, building on their everlasting trust and partnership.
Sultan Ahmed bin Sulayem said that Pakistan is a developing market and a crucial route for trade with Central Asia.
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