Pakistan seeks deferred oil payment facility from UAE akin to Saudi Arabia

Pakistan seeks deferred oil payment facility from UAE akin to Saudi Arabia
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ISLAMABAD - Islamabad has requested the United Arab Emirates (UAE) for a deferred payment facility for oil imports akin to the one secured with Saudi Arabia earlier this week.

Foreign Minister Shah Mehmood Qureshi told the media that the UAE deputation is visiting Pakistan under the patronage of UAE Crown prince Sheikh Mohammad Bin Zayed to talk about mutually beneficial projects which both brotherly nations can commence.

The foreign minister said the delegation mentioned the bilateral relations between the two nation were decades old, but there had been a dip in them in the past 4-5 years.

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