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$3bn financial assistance sealed as Abu Dhabi Crown Prince meets PM Khan

2 min read

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed bin Sultan Al-Nahyan paid a quick visit to Islamabad on Sunday ─ his first in nearly 12 years ─ and met the prime minister and other top officials as both countries seek to capitalise on the fresh momentum in ties due to a flurry of recent contacts at the leadership level, APP said.

Pakistani and United Arab Emirates leadership have met thrice now in three months. Prime Minister Imran Khan visited the UAE twice after assuming office in August to seek economic assistance. Both countries last week finalised the terms and conditions of a $6.2 billion support package for Islamabad to help address its balance-of-payments crisis.

A joint statement issued after the UAE royal’s visit said Prime Minister Khan thanked the crown prince for the “generous” balance-of-payments support of $3 billion, which appears to have materialised first out of the total financial package.

Crown Prince Sheikh Mohammed bin Zayed, who last visited Pakistan in 2007, was given a red carpet welcome and a 21-gun salute when he touched down at Nur Khan airbase around noon today amid much fanfare in the capital.

Billboards displaying the crown prince’s face and positive messages about Pak-UAE ties were put up across the city to welcome the visiting dignitary. A troupe of folk musicians and cultural dancers also put on a small show to receive him.

Prime Minister Imran Khan hugged the crown prince as he stepped off the plane and then, setting aside protocol, drove him personally to PM House where a welcome ceremony was held in his honour.

At PM House, a guard of honour was presented by a contingent of the armed forces to the visiting dignitary, who reviewed the parade. The national anthems of both countries were played, and Sheikh Mohammed bin Zayed was given a fly-past by an impressive formation of JF-17 fighter jets.

 

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