Pakistan and Saudi Arabia have expressed resolve to boost bilateral economic and investment relations between the two countries.
The resolve was expressed during a meeting between Prime Minister Shehbaz Sharif and Saudi delegation, led by Advisor at the Royal Court and General Secretary of Saudi-Pak Supreme Coordination Council Mohammed bin Mazyad Al-Tuwaijri, in Riyadh today.
The two sides focused on matters of mutual interest and explored avenues for enhancing economic relations. The meeting discussed ways to further promote and facilitate Saudi investment in Pakistan.
During the meeting, detailed briefing was given to the Prime Minister Shehbaz Sharif on the Saudi government’s reform agenda.
Speaking on the occasion, Prime Minister Shehbaz Sharif expressed Pakistan’s desire to take benefit from successful reform policies of Saudi Arabia to strengthen Pakistan’s governance structure on modern lines.
The Prime Minister said Pakistan and Saudi Arabia share longstanding fraternal relations, which are strengthening with time. He expressed the confidence that bilateral economic relations have entered into new phase.
Shehbaz Sharif said significant progress has been made on investment in various sectors in Pakistan during the visit of the Saudi Foreign Minister’s delegation to Pakistan.
The Prime Minister said the people of Pakistan hold immense respect and admiration for Custodian of the Two Holy Mosques King Salman bin Abdul-Aziz Al Saud. He also expressed gratitude for the warm welcome and excellent hospitality extended by the Saudi Crown Prince and the Prime Minister.
Mohammed bin Mazyad Al-Tuwaijri and his delegation expressed deep interest on behalf of the Saudi government and companies in enhancing investment in Pakistan. He said following the visit of the Saudi Foreign Minister’s delegation to Pakistan, work has begun on priority basis on Saudi investment in Pakistan.
Mohammed bin Mazyad Al-Tuwaijri, who is also associated with Saudi Vision 2030, briefed Prime Minister Shehbaz Sharif on this vision, and said every possible assistance will be provided to train Pakistani workforce and government officials under vision 2023. He said Saudi Arabia wants that bilateral economic relations progress in line with Saudi Vision 2030.
The meeting was attended by Foreign Minister Ishaq Dar, Federal Minister for Finance and Revenue Muhammad Aurangzeb, Federal Minister for Petroleum Musadik Malik, Federal Minister for Information and Broadcasting Ataullah Tarar, Federal Minister for Power Owais Ahmad Khan Leghari, Federal Minister for Commerce Jamal Khan, Deputy Chairman Planning Commission Jehanzeb Khan, and other high-ranking officials.
