Aug. 26, 2022

Following state visit, Qatar pledges major investment in Pakistan

Peninsula/Diplomacy

The story: The Qatar Investment Authority (QIA) says it intends to invest 3B USD in Pakistan. The move will help revitalize the South Asian nation’s struggling economy. The announcement follows Pakistani Prime Minister Shehbaz Sharif’s Aug. 23-24 state visit to Doha. The Qatari investment comes in the wake of financial support for Pakistan from Saudi Arabia and the United Arab Emirates (UAE).

The coverage: The Qatar News Agency (QNA) highlighted remarks made by Sharif at the Aug. 23 Pakistan-Qatar trade conference.

  • The Pakistani premier addressed the broader bilateral relationship, expressing a need “to enhance bilateral trade and investment,” and calling on “Qatari investors to expand their presence [in Pakistan].”...

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