- UAE extends loan repayment deadline for Pakistan: FM Qureshi and his UAE counterpart Sheikh Abdullah container Zayed Al Nahyan fulfill in Abu Dhabi.
- Both foreign ministers mull over upon several problems, including the Afghan peace process.
- UAE had actually provided $2 billion funding deposits in early 2020 to Pakistan as part of a bailout plan.
ABU DHABI: The United Arab Emirates (UAE) on Tuesday approved Islamabad an expansion on the due date of the settlement of a $2 billion lending offered to Pakistan in 2020.
The advancement came throughout a conference in between Foreign Minister Shah Mehmood Qureshi as well as his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi.
Sheikh Abdullah educated him regarding the decision of the UAE federal government relating to the finance repayment. The UAE had, earlier, identified April 19 as the target date for the lending repayment.
The UAE had offered $2 billion lending deposits in early 2020 to Pakistan as part of a bailout plan to the federal government of Prime Minister Imran Khan.
On The Other Hand, FM Qureshi apprised his equivalent pertaining to the threats presented by human rights violations as well as Indian policies in busy Kashmir as well as the area.
The two foreign ministers additionally deliberated upon other problems, consisting of the Covering tranquility procedure.
Later, Qureshi expanded an invitation to Sheikh Abdullah for a see to Pakistan, which he approved.
Both officials consented to improve bilateral cooperation on international discussion forums.