Waqar Urges Earliest Resolution of Issues with Etisalat

Senator Waqar Ahmed Khan, Federal Minister for Privatization seeks for an amicable resolution of outstanding issues with Etisalat pertaining to the sale of 26 percent shares with management control of Pakistan Telecommunication Company Limited (PTCL).

The Minister said this in a letter addressed to Sheikh Nahayan Mabarak Al Nahyan, Chairman Dubai group UAE, which was handed over to UAE Envoy to Pakistan,lead by Ali Saif Sultan Al-Awani in a meeting in Islamabad.

The Minister while acknowledging the efforts of Sheikh Nahyan for resolving the outstanding amount hoped that all matters including issues pertaining to mutation of land in the name of PTCL and outstanding instalments due from Etisalat amounting to $800 million would now soon be materialised.

In the letter the Minister also expressed his gratitude for the continued support by the people and the government of UAE to overcome the natural disaster being faced by the people of Pakistan, which would take long time to rebuild and restore life in the devastated areas.

Senator Waqar informed the envoy that the floods have displaced more than 20 million people. Tents were the basic item for immediate relief after the rescue operation, which were still required across the country by the flood victims, he added.

The UAE Envoy to Pakistan Ali Saif Sultan Al-Awani informed the Minister that UAE has engaged three (3) Chinook helicopters in the effected areas for rescue and relief operation while tents, food items and medicines were being distributed by UAE’s Red Crescent, Khaleej Foundation and other organisations. We were doing it for our brothers in need and this process would be further increased in the days to come.