Besides rolling over the loan, which was deposited by the Abu Dhabi Fund, Nahyan also affirmed UAE’s commitment to “extend every possible support to Pakistan”.
Qureshi thanked Nahyan for the decision, saying it “reflected the warm and brotherly ties” between the two countries.
In a separate statement, Foreign Office spokesperson Zahid Hafeez Chaudhri said the UAE’s decision was “yet another manifestation of the close cooperative relations between the two countries”.
Pakistan Foreign Minister Shah Mahmood Qureshi has thanked the UAE for rolling over payment of $2b loan which has already mature.
Pakistan Foreign Office announced the news after a meeting between Qureshi and Sheikh Abdullah Bin Zayed Al Nahyan, UAE’s Minister of Foreign Affairs and International Coopertion in Abu Dhabi on Monday.
Foreign Minister Qureshi thanked the UAE for its continued support and cooperation bilaterally, as well as at the international forums. “Pronouncing the UAE’s decision to rollover the US$2 billion deposit by the Abu Dhabi Fund, Foreign Minister Abdullah affirmed the UAE’s commitment to extend every possible support to Pakistan. Foreign Minister Qureshi thanked his counterpart, underscoring that the decision reflected the warm and brotherly ties between the two countries,” says a statement issued by the Pakistan Foreign Office.