Islamabad: The 11th Session of the Pakistan-UAE Joint Ministerial Commission (JMC) held in Islamabad in which Pakistan side was led by the Advisor to the Prime Minister on Foreign Affairs and National Security Mr. Sartaj Aziz while the UAE side was led by His Highness, Sheikh Abdullah Bin Zayed Al Nahyan, Foreign Minister of United Arab Emirates.
During his stay in Islamabad, the UAE Foreign Minister also called on the Prime Minister and the President.
The deliberations of the JMC were held in very cordial atmosphere. There was commonality of views on whole range of bilateral political and economic matters of mutual interest. Both countries agreed that the political goodwill that exists between them must be translated into tangible economic gains.
The two sides decided to establish a Joint Committee on energy to address the energy crises in Pakistan. The UAE Foreign Minister offered assistance in addressing this issue through focus on alternate sources of energy and transfer of technical knowhow since UAE has advanced technology for renewable sources of energy.
The two sides also decided to hold first meeting of Joint Business Council (JBC) in the first quarter of 2014 either in Pakistan or UAE as well agreed to appoint focal points to discuss establishment of joint committee for consular affairs.
Pakistan welcomed the draft agreement proposed by the UAE side for cooperation in the field of manpower and expressed hope that the issue of visas for Pakistan nationals would be resolved since there are 12,00,000 Pakistanis residing in UAE and contributing to the development of this brotherly country.
A MoU was signed at the conclusion on Emirate Securities and Commodities Authority (ESCA) and Security and Exchange Commission of Pakistan (SECP).