Prime Minister Shahbaz Sharif highlighted the significant advancements in economic relations between Pakistan and Saudi Arabia, underscoring concrete measures to bolster bilateral trade during a meeting with Saudi Minister of Commerce, Dr. Majid bin Abdullah Al-Qasabi. The discussion, held on the sidelines of the World Economic Forum’s Special Meeting, emphasized the pivotal role of the Special Investment Facilitation Council (SIFC) in facilitating foreign investment in Pakistan.
In alignment with the directives of Saudi Crown Prince Mohammed bin Salman, the Kingdom is prioritizing trade and investment in Pakistan, as indicated by an upcoming delegation comprising Saudi businessmen, traders, and investors set to visit the country. Both parties expressed commitment to elevating bilateral ties to unprecedented levels within one to one-and-a-half years.
Acknowledging the significant contributions of Pakistani nationals to Saudi Arabia’s progress and prosperity, Prime Minister Shahbaz highlighted the importance of fostering strong Pak-Saudi sentiments among the youth and new generation. The meeting, attended by key officials including Finance Minister Muhammad Aurangzeb and Commerce Minister Jam Kamal Khan, showcased the shared dedication to enhancing economic cooperation between the two nations.
