Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...
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Pakistan and UAE form a multibillion-dollar partnership in railways, economic zones, and infrastructure.

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Pakistan
Also read : United Arab Emirates renewable energy company Masdar said on Thursday it has reached an agreement to buy an initial 67% stake in Greece's Terna Energy

Pakistan and the United Arab Emirates (UAE) have strengthened their commercial ties through a series of breakthrough deals worth more than $3 billion. The deals, unveiled during Pakistan Prime Minister Anwaarul Haq Kakar's visit to the 54th World Economic Forum (WEF) conference in Davos, Switzerland, represent a significant step forward in bilateral engagement.   

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The comprehensive agreements cover critical sectors like railways, economic zones, and infrastructure. According to a statement by Pakistan Railways Secretary Syed Mazhar Ali Shah, important projects include the creation of a dedicated freight corridor, a multi-modal logistics park, and freight terminals. DP World, a Dubai-based global logistics corporation, is leading the infrastructure improvements and will play a critical role in modernizing Qasim International Container Terminal, Pakistan's main commercial gateway. Furthermore, DP World has announced plans to create an economic zone close to the facility.

Pakistani Communication, Railways, and Maritime Affairs Minister Shahid Ashraf Tarar attended the signing ceremony, as did H.E Sultan Ahmed bin Sulayem, Chairman of ports, customs, and the free zone corporation (PCFC). 

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Also the   to project-specific agreements, two intergovernmental framework agreements were inked to boost bilateral partnerships in the maritime and logistics sectors. The third framework agreement, with Pakistan's Ministry of Maritime Affairs, focuses on dredging a navigation channel. This strategic step aims to promote the establishment of an economic zone at Port Qasim, with the goal of attracting more than $3 billion in foreign direct investment and increasing economic activity in Pakistan.

The accords mark a new era of economic cooperation between Pakistan and the UAE, paving the way for revolutionary breakthroughs in critical areas while also encouraging reciprocal prosperity.   

Also read :According to study 6,700 millionaires will relocate to the UAE this year


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