After China, good news for Pakistan also came from UAE

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After China, good news for Pakistan also came from United Arab Emirates, Gulf country rescheduled 2 2 billion debt for one more year. According to the Express Tribune, Finance Secretary Hamid Yaqub Sheikh said that the loan was due last month, on which Pakistan requested a three-year extension, but the UAE repaid the loan of ارب 2 billion for another year. Scheduled, this is the second major loan that has been rescheduled in the last 10 days.

It may be recalled that China had earlier agreed to rollover over ارب 25 billion in commercial loans to Pakistan. The then Foreign Minister Shah Mehmood Qureshi had said after meeting with Chinese Foreign Minister Wang Zhi that China would provide 25 25 billion for Pakistan. Billions of dollars in commercial loans have been agreed to be rolled over and all Chinese loans have been informed about the rollover.

He said that he had a very good meeting with Chinese Foreign Minister Wang Zhi. China will provide plus diesel supply if there is any shortage. China conveyed the message that Pakistan has always been and will remain with confidence. The Chinese Foreign Minister visited Kabul. And briefed on India and took it in confidence, the government of Pakistan and China are in agreement.

The remarks by Shah Mehmood Qureshi came as he arrived in China to attend the third summit of Afghanistan's neighbors at the special invitation of Chinese State Councilor and Foreign Minister Wang Jie, where he was on a three-day visit to Afghanistan. Attended the 3rd Summit of the Neighboring Countries and the Trika Plus Summit and briefed the participants on Pakistan's position on joint efforts for peace in the region, including Afghanistan.

During the visit, Shah Mehmood Qureshi also had bilateral meetings with Chinese State Councilor and Foreign Minister Wang Jie, as well as with Russian Foreign Minister Sergei Lavrov and Iranian Foreign Minister Amir Abdullahian. Important regional and global issues of mutual interest, including bilateral relations and the promotion of bilateral cooperation in multilateral fields, were discussed.

Location: Pakistan

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