Pakistan’s trade ties with Saudi Arabia have strengthened significantly, with bilateral trade volume rising from $546 million to $700 million, reflecting a 22% increase in exports. This growth has been supported by the Special Investment Facilitation Council (SIFC).
Saudi investors have shown strong interest in Pakistan’s energy, agriculture, IT, and construction sectors, further boosting economic collaboration. The target for IT services exports has been set at $100 million, doubling the current $50 million.
Read more: Saudi Arabia Introduces Updated Visa Policy for Pakistan
To simplify business operations, Saudi Arabia has introduced a help desk to assist Pakistani IT firms with registration, reducing bureaucratic delays and accelerating business partnerships.
In a notable development, Saudi food chain AlBaik has announced plans to open branches in Pakistan, which is expected to create new job opportunities in the local market.
The SIFC has played a key role in facilitating these trade advancements, with officials emphasizing that strengthened commercial ties contribute to economic stability. The Council remains a central force in fostering bilateral trade and investment.
A trade official highlighted that initiatives like the IT help desk reflect a commitment to long-term economic collaboration. Such efforts aim to create a more business-friendly environment between the two nations.
The rising trade volume and diversification of investment sectors signal a deepening economic partnership, with both countries working to expand cooperation across multiple industries.
