Pakistan makes an offer to Qatar over FIFA World Cup 2022

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Pakistan makes an offer to Qatar over FIFA World Cup 2022

ISLAMABAD - In order to enhance bilateral trade, Pakistan and Qatar have agreed in principle on a preferential trade agreement (PTA) and a free trade agreement (FTA), a private media outlet reported link on Monday, adding that the agreements would soon be signed after necessary formalities.

Pakistan has also offered to establish a plant in Qatar to manufacture footballs for the FIFA World Cup 2022 as well as subsequent football tournaments.

Nebras Power, a major investment group in Qatar’s energy sector, has expressed an interest in investing directly in Pakistan’s power sector.

The Nebras Power Consortium will take part in the privatisation of the Haveli Bahadur Shah and Balloki power plants in Pakistan.

It has formally informed the Pakistani government about its interest and hoped that it would promote direct cooperation between the two governments in the fields of energy and power generation.

According to a document, Pakistan’s commerce and energy ministries attended the 5th Pak Qatar Joint Ministerial Commission meeting in Qatar last month.

A copy of the minutes issued by the signatories of the two countries was sent to the respective ministries for implementation of the decisions made by the two countries.

Pakistan has expressed an interest in exporting sports goods for the FIFA World Cup 2022. Qatar has welcomed Pakistan’s interest and said it would consider its goods on the basis of price and quality for the mega event.