Emir Qatar brings economic incentives in his two-day visit to Pakistan

Emir Qatar brings economic incentives in his two-day visit to Pakistan

Emir Qatar Sheikh Tamim bin Hamad Al Thani landed in Islamabad for his two-day visit to Pakistan. Prime Minister Imran Khan along with Foreign Minister Shah Mehmood Qureshi welcomed him at the Noor Khan airbase. Zulfi Bukhari and other senior officials were also present to receive the honorable guest.

21 gun salute by Pakistan Army was given, and Pakistan Air-force’s star jet JF-17 Thunder also presented a flypast for the foreign dignitary.

PM Khan again took the steering himself for the Emir of Qatar, as he did the same earlier for other honorable state’s guests to drive them to the PM House. On arrival at the house, National anthems of both the countries were played and Emir reviewed the Guard of Honor. Later that, the formal introduction of the federal cabinet was done. As a custom, he also planted a sapling in the lawn.

Emir’s visit has brought many fortunes for the economy of Pakistan as three Memorandum of Understanding (MoUs) were signed after the meeting between the head of states discussing bilateral relationships and cooperation. Details of MoUs are as under:

– MoU for establishment of Pakistan and Qatar Joint Working Group (JWG) on trade and investment, signed by Qatar Finance Minister Ali Shareef Al Emadi and Advisor on Commerce Abdul Razak Dawood.

– MoU for cooperation in the field of tourism and business events between Qatar and Pakistan, signed by Secretary General of Qatar National Tourism Council Akbar Al Baker and Inter-Provincial Coordination Minister Dr. Fehmida Mirza.

– MoU for cooperation in the field of exchange of financial intelligence, anti-money laundering and to check terror financing, signed by Head of Qatar Financial Information Unit Sheikh Ahmed bin Eid Al Thani and Acting DG Financial Monitoring Unit Muneer Ahmad

Earlier his visit, PM Khan said that the Emir is likely to bring an investment of 22 billion USD for multiple sectors in Pakistan. Foreign Minister Qureshi was also very positive about the visit and commented that “This visit would further strengthen our already good relations,”

The honorable guest will be presented with a special vase, made of camel skin on which his own portrait has been painted. The craft has been prepared by a local artist Hanif Khan. PM Khan will present a unique gift to the Emir.

I am an accountant with over 3 years of experience in the field of Accounts and Finance. I contribute to e-Syndicate as Researcher and News Writer. I write about Finance, Business, Local Pakistani News and International Finance.