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Shehbaz Sharif Emphasizes Collaboration with Saudi Arabia to Accelerate Investments

Prime Minister Shehbaz Sharif has underscored the imperative for Pakistan and Saudi Arabia to forge a close collaboration aimed at expediting the initial phase of Saudi investments in Pakistan. During a meeting with a high-powered Saudi delegation led by Saudi Foreign Minister Prince Faisal Bin Farhan Al Saud in Islamabad, the premier reiterated Pakistan’s commitment to its longstanding fraternal, economic, and strategic relations with Saudi Arabia.

Shehbaz Sharif Emphasizes Collaboration with Saudi Arabia to Accelerate Investments

Prime Minister Shehbaz Sharif hailed the timely visit of the Saudi delegation following his own visit as a testament to the strong commitment of both nations to bolster bilateral relations, with a specific focus on fostering mutually beneficial economic cooperation.

During the meeting, the premier briefed the delegation about the initiatives undertaken by the Special Investment Facilitation Council (SIFC) to facilitate investment in Pakistan. He emphasized the pivotal role played by the Army Chief and the collaboration of all institutions in promoting investment through SIFC.

In response, the Saudi Foreign Minister underscored the Kingdom’s deep-seated regard for its robust and close ties with Pakistan. He conveyed Saudi Arabia’s unwavering dedication to enhancing strategic and economic partnership with Pakistan, affirming the mutual desire to strengthen bilateral cooperation across various sectors.

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The discussions between Prime Minister Shehbaz Sharif and the Saudi delegation reflect the shared commitment of both nations to deepen economic ties and capitalize on the potential for collaboration in key areas. As Pakistan and Saudi Arabia continue to engage in dialogue and cooperation, stakeholders anticipate further strides towards realizing the full potential of their bilateral relationship.

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