RIYADH (PEN) : Prime Minister Shehbaz Sharif says Pak-Saudi economic ties have entered a new era with bilateral trade volume poised for significant increase due to steps taken in this regard.
He was talking to Saudi Minister for Commerce Majid al Kasabi who called on him in Riyadh on Monday, on the sidelines of World Economic Forum meeting.
The prime minister said the Special Investment Facilitation Council of Pakistan was fully active in promoting foreign investment and facilitating investors.
On the occasion, the Saudi minister said Pakistan was Saudi Arabia’s priority for investment and trade as per the directives of Saudi Crown Prince and Prime Minister Muhammad bin Salman.
He said targets were being set to increase bilateral economic and trade relations during the next one to one and a half years.
The Saudi minister said a delegation of Saudi business community will visit Pakistan soon.
Acknowledging the role of Pakistanis in the development and prosperity of Saudi Arabia, the Saudi Minister emphasized inculcating the sentiments of Saudi-Pak friendship among the youth and new generation of both countries.
Trending
- Army conducts successful launch of Fatah-II guided rocket system with 400 km range
- £190m reference: IHC approves Imran Khan’s bail plea
- Railways launches premium lounge car offering over 40 dishes
- Advance tax on cash withdrawal from banks likely to go up from July 2024
- School Summer Holidays 2024 announced amid scorching heat
- Demanchi Expands to Murree, Pakistan’s Picturesque Hill Station
- Join hands for future success of Russia-China partnership, says Putin
- Pakistan, China agreed to sustain growing momentum of bilateral ties