Pakistan And Saudi Arabia Agree To Strengthen Trade And Investment

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Pakistan And Saudi Arabia Agree To Strengthen Trade And Investment

Pakistan and Saudi Arabia have agreed to boost cooperation in trade and investment. The announcement came during a high-level meeting of the Saudi-Pakistan Joint Business Council in Islamabad.

The Saudi delegation was led by Prince Mansour bin Mohammad al-Saud, while Pakistan was represented by federal ministers, government officials, and senior private sector leaders. The discussions focused on enhancing bilateral economic relations and exploring investment opportunities in Pakistan.

Officials from the Special Investment Facilitation Council (SIFC), together with the Ministry of Commerce, briefed the Saudi delegation on key investment sectors. The delegation was informed about priority areas in Pakistan, including energy, infrastructure, and industrial development.

The visiting Saudi delegation also met representatives of leading Pakistani companies to discuss potential partnerships and investment prospects. Both sides emphasized the importance of private sector collaboration to strengthen economic ties.

The five-day visit of the Saudi delegation is seen as a significant step in support of Saudi Vision 2030 while promoting foreign investment in Pakistan. Observers said the visit could open new opportunities for joint ventures and long-term economic cooperation.

Officials from both countries highlighted the need to increase trade volume and investment flows. Pakistan’s economic officials stressed the country’s commitment to providing a business-friendly environment for Saudi investors.

The meeting underscores Pakistan and Saudi Arabia’s shared goal of stronger economic relations. Analysts note that continued dialogue and collaboration between the two countries could lead to sustainable growth and deeper bilateral partnerships.

The discussions mark another milestone in Pakistan’s ongoing efforts to attract foreign investment and strengthen trade links with key international partners.

In other related news also read KSA, UAE willing for heavy investment in three major sectors of Pakistan

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