Pakistan, Saudi Arabia pledge 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 fraternal ties and discussed ways to further strengthen their historic partnership in trade, investment and economic cooperation.

In a post on X, the Prime Minister wrote: “It was a great pleasure and honor 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 cooperation 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 to be 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 organizations.

Read: Prime Minister goes to Riyadh today for FII9

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

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

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

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

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