Pakistan seeks strategic economic ties with Saudi Arabia 

The prime minister made the remarks during a meeting with a high-level Saudi business delegation headed by Prince Mansour bin Mohammad Al Saud,

ISLAMABAD: Prime Minister Shehbaz Sharif has expressed Pakistan’s desire to transform its longstanding relationship with Saudi Arabia into a mutually beneficial strategic economic partnership, in line with the vision of Saudi Crown Prince and Prime Minister Mohammed bin Salman.

The Prime Minister made the remarks during a meeting with a high-level Saudi business delegation headed by Prince Mansour bin Mohammad Al Saud, Chairman of the Saudi-Pak Joint Business Council, at the Prime Minister’s House in Islamabad.

During the meeting, Prime Minister Shehbaz conveyed his regards to Saudi King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman. He highlighted the deep-rooted brotherly relations between the two countries and stressed the need to expand bilateral trade, investment and economic cooperation.

The prime minister expressed hope that Prince Mansour’s latest visit would build upon earlier discussions and lead to the signing of memoranda of understanding and agreements in several sectors. He described the current period as an ideal opportunity to strengthen cooperation through both government-to-government and business-to-business partnerships.

The Saudi delegation showed interest in investment opportunities across a wide range of sectors, including agriculture, ports, highways, airport outsourcing, real estate, energy, power distribution and information technology. Prime Minister Shehbaz welcomed the proposals and assured the delegation of Pakistan’s support for mutually beneficial investment ventures.

Prince Mansour thanked the prime minister for the warm reception and reaffirmed the Saudi government’s and business community’s commitment to expanding business-to-business ties with Pakistan. During its visit, the delegation is also scheduled to hold meetings with senior government officials and representatives of the private sector.

PM Condemns Pishin Terrorist Attack

Meanwhile, Prime Minister Shehbaz Sharif strongly condemned the terrorist attack on labourers working on a road construction project in the Suranan area of Pishin district.

The prime minister expressed sorrow over the loss of lives and extended condolences to the families of the victims. He denounced the targeting of hardworking citizens as a cowardly act and reaffirmed the government’s determination to combat terrorism.

He stressed that the nation remained united against terrorism and that terrorists and their facilitators would not be permitted to undermine peace and stability in the country. The prime minister also prayed for the departed souls and for strength and patience for the bereaved families.