Pakistan and Saudi Arabia commit to deepening trade and investment partnership

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

In a message 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 of deeper collaboration and prosperity for our two nations and people,” 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 30 in Riyadh.

On the sidelines of FII9, the Prime Minister will also interact with leaders of other participating countries and heads of international organizations.

Read: PM heads to Riyadh today for FII9

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

“This visit underlines Pakistan’s commitment to advancing economic diplomacy and fostering strategic partnerships in the areas of investment, technology and sustainable development,” the statement 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.