Not seeking loan but want collaborations, investments, says PM

Not seeking loan but want collaborations, investments, says PM

Abu Dhabi: Prime Minister Shehbaz Sharif has said the aim of his day-long visit to the United Arab Emirates (UAE) is not seeking loans but to seek joint collaborations and investments.

“Today I am here not to seek loans but to seek joint collaborations and joint investments, which have mutual benefits for the investor and draw dividends through hard work, ingenuity and by using modern tools and skills,” the premier said while addressing a round table session of the IT community here on Thursday.

“I want to share with you my broad parameters of our programme; we want to provide the highest quality vocational training and empower our youth with modern skills so that they can come to the UAE,” he added.

He expressed the commitment to provide highest quality vocational training with modern skills so that they can come to UAE by fulfilling legal formalities.

PM Shehbaz praised the UAE president for “carving out a way forward which will not be dependent on oil and gas but on non-oil and non-gas economy”, adding that it did so by training its youth, promoting industrial complexes and digital economy, and making the country a hub of imports and exports.

Earlier the day, the premier arrived in the UAE on a day-long visit.

Upon his arrival in Abu Dhabi, the premier was welcomed by UAE Vice President and Deputy PM Sheikh Mansour bin Zayed Al Nahyan, the government said in a post on X.

Pakistani Ambassador to UAE Faisal Niaz Tirmizi, Emirati envoy to Pakistan Hamad Obaid Ibrahim and senior officials from both countries were also present on the occasion.