Saudi business delegation to visit Pakistan soon to help promote economic cooperation — Prime Minister Sharif
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday said a delegation of Saudi businessmen will soon visit Pakistan and this will help boost economic cooperation between the two brotherly countries.
The statement was issued at the end of Prime Minister Sharif’s visit to Riyadh, where he attended the two-day World Economic Forum (WEF) Summit on Energy for Global Cooperation, Growth and Development on April 28 and 29. attended.
On the sidelines of the summit, the prime minister met with Crown Prince Mohammed bin Salman, as well as Saudi ministers of energy, economy and planning, environment, water and agriculture.
At the end of his visit, Sharif said that bilateral relations and economic partnership between Saudi Arabia and Pakistan are “going from strength to strength”.
“A delegation of Saudi businessmen will visit Pakistan in the coming days,” he said in a statement issued by his office.
“The visit of the Saudi businessman will accelerate the speed of economic cooperation between the two countries.”
He said a record number of delegations had been exchanged between Pakistan and Saudi Arabia in the past two months and expressed determination to work hard to implement the agreements reached at the leadership level between the two countries. .
“His Excellency Crown Prince Mohammed bin Salman has given special instructions to Saudi ministers regarding Pakistan, for which we are very grateful,” Sharif said.
“I also pay tribute to the Saudi cabinet for its full readiness to implement the agreement between the leaderships.” [of the two countries]”
Pakistan and Saudi Arabia have strong trade, defense and cultural ties. Saudi Arabia is home to more than 2.7 million Pakistani expatriates and is the biggest source of remittances to the cash-strapped South Asian country.
The two countries are working closely to expand bilateral trade and investment agreements, and Saudi Arabia recently reaffirmed its commitment to facilitate an investment package worth $5 billion.