https://arab.news/g58mb
- Pakistan and Qatar have longstanding economic, defense and cultural relations
- In 2022, Qatar Investment Authority committed $3 billion for projects in Pakistan
ISLAMABAD: Pakistan and Qatar have agreed to broaden their partnership in diverse areas, including environmental sustainability and green investments, Pakistan’s climate change minister said on Friday.
The understanding was reached during a meeting between Pakistan’s Climate Change Minister Dr. Musadik Malik and Qatar’s Ambassador to Pakistan, Ali Mubarak Ali Essa Al-Khater, in Islamabad.
Malik said the meeting covered Global Plastics Treaty negotiations in Geneva next week, Pakistan’s upcoming Green Startups Initiative to empower youth and attract international investors.
“Both sides reaffirmed commitment to expanding cooperation in climate action, trade and people-to-people ties,” the minister said, emphasizing the need for fair, accessible, and people-centered global environmental agreements that address the socio-economic realities of developing countries.
Pakistan and Qatar have longstanding economic, defense and cultural relations. In 2022, the Qatar Investment Authority committed $3 billion for projects in Pakistan, spanning airport management, renewable energy and hospitality.
Pakistan, currently bolstered by a $7 billion International Monetary Fund (IMF) program, ranks among countries most affected by climate change and has been planning several initiatives to boost green economy, aiming to reduce environmental risks and ecological scarcities while ensuring sustainable development.
“The Ambassador of Qatar expressed strong interest in expanding cooperation in climate action besides trade and investment,” the Radio Pakistan broadcaster reported.