PM Khan to host luncheon for Abu Dhabi crown prince today | Pakistan Today

PM Khan to host luncheon for Abu Dhabi crown prince today

ISLAMABAD: Prime Minister (PM) Imran Khan will host a luncheon for the one-day visit of Abu Dhabi Crown Prince Sheikh Mohammad bin Zayed Al Nahyan at the old Prime Minister House here on Sunday.

Sheikh Mohammad, who is also the deputy supreme commander of the United Arab Emirates (UAE) armed forces, is scheduled to arrive in the country. In a statement issued by the Foreign Office, the UAE crown prince is set to meet the premier and his cabinet to discuss bilateral ties. Besides the PM, the crown prince will also meet other political leaders in the country.

Federal ministers, advisers, special assistants to the premier, top military leadership as well as key government officials have been invited for the luncheon, sources said.

According to sources, the prime minister will hold a meeting with the crown prince to discuss bilateral ties and other regional and international issues of mutual interest.

Earlier in a telephonic conversation, PM Khan had extended an invitation to the crown prince to visit Pakistan.

The UAE has finalised a financial package of $6.2 billion for Pakistan, which comprises of $3.2bn worth of oil supplies on deferred payment and a $3bn cash deposit. The package is expected to be announced by the crown prince during his visit to the country.

The UAE package will be under the same terms and conditions as given by the Kingdom of Saudi Arabia (KSA).

The deferred payment facility will help Pakistan save around $6.4 billion on oil and gas imports from the two countries.

Pakistan has already received $2bn in cash from KSA and the third installment of $1bn is due in the first week of February.

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