Pakistan, Saudi Arabia vow to deepen partnership in trade, investment

Prime Minister Muhammad Shehbaz Sharif said that during his meeting with Saudi Crown Prince Mohammed bin Salman, both leaders reaffirmed the enduring strength of Pakistan–Saudi Arabia’s brotherly ties and discussed ways to further enhance their historic partnership in trade, investment and economic cooperation.

In a post on X, the prime minister wrote: “It was a great pleasure and honour to meet my brother, His Royal Highness Crown Prince Mohammed bin Salman, in Riyadh today”.

“I remain deeply grateful for His Royal Highness’s personal commitment and steadfast support in advancing our shared vision for deeper collaboration and prosperity for our two nations and peoples,” he added.

Shehbaz Sharif landed in Saudi Arabia on Monday for a three-day visit to attend the Ninth Edition of the Future Investment Initiative (FII9) — a three-day conference being held from October 27 to October 30 in Riyadh.

On the sidelines of FII9, the prime minister will also interact with leaders from other participating countries and heads of international organisations.

Read: PM heads to Riyadh today for FII9

“These exchanges will highlight Pakistan’s investment potential and its readiness to pursue collaborations in sustainable development, in line with the ‘Think, Exchange, and Act’ model.

“This visit underscores Pakistan’s commitment to advancing economic diplomacy and fostering strategic partnerships in investment, technology, and sustainable development,” it added.

The first conference of the Future Investment Initiative took place in October 2017 in Riyadh.

The meeting brings together policymakers, investors, entrepreneurs, and young leaders to discuss international investment and the global economy.