PM Shehbaz Meets UAE Delegation, Oversees MoU Exchange on SEZ Investment

Islamabad: Prime Minister Muhammad Shehbaz Sharif on Wednesday met an eight-member delegation from the International Free Zones Authority (IFZA) of the United Arab Emirates (UAE) and the Aleria Group. During the meeting, the premier witnessed the exchange of a memorandum of understanding (MoU) between IFZA and Pakistan’s Board of Investment (BOI) for investment in Special Economic Zones (SEZs).

The delegation was led by IFZA Chairman Martin Gregers Pederson and Aleria Managing Partner Mana Ali Muhammad Hammad Al Shamsi. Also present were senior officials from Aleria and IFZA, along with Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar, Minister for Planning Ahsan Iqbal, Minister for Privatization Abdul Aleem Khan, Minister for Information and Broadcasting Attaullah Tarar, Special Assistant Tariq Fatemi, and other senior officials.

Welcoming the delegation, Prime Minister Shehbaz Sharif highlighted the strong UAE-Pakistan economic ties and reiterated Pakistan’s vast investment opportunities across multiple sectors. He emphasized the government’s commitment to a business-friendly environment to attract foreign direct investment (FDI) and support economic growth.

The UAE business delegation praised Pakistan’s economic stability under the prime minister’s leadership and expressed keen interest in expanding UAE investment in Pakistan. They acknowledged Pakistan as an emerging market in the region and reaffirmed their commitment to strengthening bilateral economic cooperation and enhancing trade partnerships.

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