UPDATE 1-StanChart CEO sees 'fair, pragmatic' Dubai outcome

* StanChart CEO in Abu Dhabi visiting govt officials

* StanChart one of seven banks on creditor cttee

* Dubai readies proposal to creditors in coming days. (Adds detail, background)

ABU DHABI, March 18 (Reuters) - Standard Chartered (STAN.L), among major creditors of Dubai World [DBWLD.UL], expects debt restructuring talks with the state-owned firm to lead to a "fair and pragmatic" result, its chief executive said on Thursday.

"I'm confident that (in) these discussions ... the outcome will be fair and pragmatic for all parties," CEO Peter Sands said at a round-table discussion with local journalists, sources told Reuters.

StanChart is one of the seven banks on a creditor committee which is negotiating with the debt-laden conglomerate on restructuring $26 billion in debt.

Sands met with government officials in Abu Dhabi, sources said, in a visit that comes as Dubai readies a formal proposal to creditors in the coming days.

A final proposal is seen including more than two tranches including repayment over three to five years with the principal discounted, and repayment over seven to nine years with no discount. [ID:nLDE62920A]

Last week, Standard Chartered put restrictions on internal trading of Dubai World's instruments ahead of an expected restructuring proposal, bankers said.

Dubai World, which ring-fenced key assets like ports operator DP World DPI.DW from the restructuring, has been in talks with a panel made up of Standard Chartered, HSBC (HSBA.L), Lloyds (LLOY.L), Royal Bank of Scotland (RBS.L), Emirates NBD ENBD.DU and Abu Dhabi Commercial Bank ADCB.AD, which are believed to have two-thirds of total exposure.

Bank of Tokyo-Mitsubishi, a unit of Mitsubishi UFJ Financial Group (8306.T), joined the panel this year.

(Reporting by Stanley Carvalho; Writing by Amran Abocar; Editing by Dinesh Nair and Elaine Hardcastle)