This three years memorandum is not only setting a framework of cooperation but it includes some specific steps such as mutual beneficial arrangements in the agricultural sector (e.g. investment and provision of grain, development of a grain terminal)
"Al Shariqi said that while the government does not have foreign agricultural investments, some UAE sheikhs personally own land in Pakistan, Egypt, Australia and New Zealand," reports the US mission in Abu Dhabi
Pakistan dramatically increased the amount of farmland open to foreign investors to six million acres, but will require outsiders to share half of their crop with local growers, Pakistan’s investment minister told Reuters.
Abu Dhabi's food imports increased considerably during the past two years as the cultivated area contracted and the level of self-sufficiency in several commodities and livestock went down, the emirate's Department of Planning and Economy has revealed. The department yesterday called for a strategic plan to achieve food security through an increase in agricultural investment outside the UAE, especially in Sudan.