President: (President emphasizes for unity of Muslim Ummah to surmount challenges)

ISLAMABAD: President Mamnoon Hussain has emphasized that Pakistan desires to promote, strengthen and diversify its relations with Qatar in all fields of bilateral cooperation.

The President said this while talking to Sheikh Falah Bin Jassim Bin Jabbor Al Thani, brother of Ex-Prime Minister of Qatar, who called on him along with a delegation here at the Aiwan-e-Sadr, on Tuesday.

The President said that bilateral relations with Qatar are marked by brotherhood and a high degree of mutual trust and are rooted in shared faith, ideology and common interests. He emphasized for the unity of Muslim Ummah to surmount the challenges being faced by the Muslims across the world.

He said Pakistan is an investment friendly country with very lucrative incentives for investment as Pakistan gives high returns on capital and cheap labour is available in abundance.

He highlighted that Pakistan has a liberal foreign exchange regime and there is no limit on the inflow or outflow of funds for business transactions. The President hoped that Qatar Investment Authority (QIA) would invest in various sectors of Pakistan particularly energy, infrastructure, and agriculture.

He appreciated Qatar’s valuable support for early conclusion of Pak-GCC Free Trade Agreement (FTA) as early conclusion of Pak-GCC FTA would further strengthen economic and trade ties between Pakistan and the GCC countries.

The President noted that Pakistani diaspora in Qatar is a strong bridge between the two countries adding that Pakistan is looking for an expansion in its designated quota for Pakistani manpower both skilled and unskilled for 2022 FIFA World Cup.

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