Pakistan and the United Arab Emirates on Thursday signed five agreements to increase bilateral cooperation in various areas, including banking, railways, mining and infrastructure investments.

The documents were signed during the first official visit by Crown Prince by Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan to Pakistan on invitation from Prime Minister Shehbaz Sharif.

The Crown Prince and the Prime Minister witnessed the ceremony as the officials from both sides exchanged the foreskin documents for agreements and the agreement morandum for cooperation in different areas.

Federal cabinet members and head of Army Staff General Syed Asim Munir and members of the UAE delegation were also present.

Both countries signed an agreement to promote bilateral cooperation within the banking council. Secretary Financing Imdadullah Bosal and CEO & MD for IHC Syed Basar Shueb exchanged the documents.

The two pages also signed another agreement to increase cooperation in mining. CEO of Pakistan Railways Amir Ali Baloch and CEO Etihad Rail Shadi Malik exchanged the documents for two mous to cooperate in railways.

Similarly, the Secretary Board of Investment exchanged Nadeem Chaudhary and CEO of Ports Captain Muhammad Juma Al Shamisi documents for a Mou in the field of infrastructure investment.

Previously, Crown Prince of Abu Dhabi and chairman of Abu Dhabi called Executive Council Sheikh Khaled bin Mohamed bin Zayed Al Nahyan Prime Minister Shehbaz Sharif during his official visit to Pakistan on Thursday and discussed cases of bilateral interest.

This was the first official visit of Sheikh Khalid in Pakistan in his capacity as Crown Prince.

The Prime Minister welcomed Abu Dhabi’s Crown Prince warmly, while confirming Pakistan’s decision to further strengthen his historic and fraternal ties between Pakistan and the United Arab Emirates. One at a meeting was followed by the delegation level negotiations.

Remembered at his most productive encounter with his highness Sheikh Mohamed bin Zayed Al Nahyan, President of UAE in Abu Dhabi earlier this month, the prime minister said it was a matter of tremendous satisfaction that the two countries were now working closer than ever before, to transform their excellent political ties into a genuinely advantageous financial partnership. The prime minister said that during his recent visit to Uzbekistan, the project was the project by the Uzbekistan-Afghanistan-Pakistan railway line discussed and Uzbekistan showed great interest in the project. He also said that the project will benefit the ports of Gwadar and Abu Dhabi and would prove to be a gambler for the entire region.

The Prime Minister paid tribute to the UA’s consistent and strong support for Pakistan in various areas, including at difficult times. He deeply appreciated the great interest that UAE has shown in expanding his investment portfolio in Pakistan and noting that the recent successful investment initiatives between different Pakistani units and Abu Dhabi ports were a luminous example of this robust and ever-investigative collaboration.

Sheikh Khaled bin Mohamed bin Zayed, accompanied by a delegation consisting of senior officials and business leaders, thanked the prime minister and confirmed UA’s steadfast support for Pakistan’s economic development and prosperity.

On this occasion, both leaders also witnessed the exchange of several mous and agreements between the two sides. The mous/agreements were signed in banking, mining, infrastructure development and railways.

Meanwhile in a post on X, the prime minister, “honored to bid HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and President of Abu Dhabi, today. We held the most fertile discussions and solved to further strengthen our excellent bilateral tiers through, investments and energy. Unstable Royal Royal Ties through, through, Pakistan-Uae tapes growing from strength to strength!