Qatar Offers Financial Support to Revive PIA

Foreign Minister Shah Mehmood Qureshi has said that Prime Minister Imran Khan’s two-day visit to Qatar will prove to be very productive for the country’s economy.

He said that the Gulf country has promised economic assistance to Pakistan and also sought investment opportunities in various sectors of the country.

While briefing the media about PM Khan’s Qatar visit, Qureshi said Qatar will buy two gas power plants from Pakistan.

“Qatari government intends to buy to power plants from us besides building two other power plants in the country,” the minister informed.


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He also revealed that the Qatari government plans to provide financial aid to revive Pakistan International Airlines (PIA).

He announced that a delegation of businessmen from Qatar is expected to arrive in the country soon.

“The delegation would seek investment opportunities in various sectors including agriculture, energy, and transportation.”

Terming it as a goodwill gesture, Shah Mehmood Qureshi said that Qatar has lifted the ban on import of rice from Pakistan. The move is expected to add billions to the country’s exports.

The minister also informed media that PM Imran, during his meeting with Emir of Qatar, Sheikh Tamim Bin Hamad Al-Thani, discussed the long-standing LNG deal. The two dignitaries reviewed the future price of the fuel.

Matters of regional and bilateral ties were also discussed during the meeting that took place at Diwan-e-Amiri in Doha.

Chairman Qatar Business Association Faisal bin Qasim also called on Prime Minister Imran Khan. Matters pertaining to mutual trade and investment came under discussion during the meeting.

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