https://sputnikglobe.com/20190106/uae-pakistan-deal-economy-payments-balance-1071264080.html
Abu Dhabi Crown Prince Arrives in Pakistan, $3 Billion Deal Expected - Reports
Abu Dhabi Crown Prince Arrives in Pakistan, $3 Billion Deal Expected - Reports
Sputnik International
DUBAI (Sputnik) - Crown Prince of Abu Dhabi, Sheikh Mohamed bin Zayed Al Nahyan, has arrived in Islamabad for a two-day official visit, media reported on... 06.01.2019, Sputnik International
2019-01-06T22:37+0000
2019-01-06T22:37+0000
2019-01-07T02:52+0000
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Abu Dhabi Crown Prince Arrives in Pakistan, $3 Billion Deal Expected - Reports
22:37 GMT 06.01.2019 (Updated: 02:52 GMT 07.01.2019) DUBAI (Sputnik) - Crown Prince of Abu Dhabi, Sheikh Mohamed bin Zayed Al Nahyan, has arrived in Islamabad for a two-day official visit, media reported on Sunday.
The crown prince has already held a meeting with Pakistani Prime Minister Imran Khan. The sides discussed political and economic relations between Abu Dhabi and Islamabad, according to the Emirates News Agency.
14 December 2018, 12:36 GMT
During the visit, the United Arab Emirates (UAE) is expected to sign a multi-billion dollar support package for Pakistan.
In late December, the Abu Dhabi Fund for Development said that the UAE planned to deposit some $3 billion in Pakistan's Central Bank to help Islamabad cope with its balance of payments crisis.
Pakistan is currently facing a balance of payments crisis after the exchange rate of its national currency against the US dollar fell 5 percent in November.
The decision was announced several days after Pakistan took part in the US-Taliban talks that were held in the United Arab Emirates.
READ MORE: Pakistan Reveals Role in Bin Laden Killing for First Time Amid Rift With US
