A high-level delegation of Saudi Arabia led by His Highness Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs of Saudi Arabia, made a speech in Islamabad today.
Welcoming the delegation, Pakistan’s Foreign Minister Ishaq Dar received the dignitaries at the Noor Khan Air Base and promised important talks to promote bilateral cooperation and develop mutually beneficial economic cooperation.
The delegation, which included key officials including Saudi Arabia’s Minister of Water and Agriculture, Minister of Industry and Mineral Resources, and Deputy Minister of Investment, represented the spectrum of Saudi Arabian leaders invested in strengthening ties with Pakistan. Also present were senior officials from the Ministry of Energy and Saudi Arabia’s Public Investment Fund, underscoring the breadth and depth of the work.
This high-profile visit follows a recent meeting in Mecca between Prime Minister Mohammed Shehbaz Sharif and Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman. This visit was prepared to quickly follow the implementation of the agreement reached at the most important meeting.
Pakistan and Saudi Arabia share a rich history of religious and cultural ties, and Custodian of the Two Holy Mosques Salman and Crown Prince Mohammed bin Salman are revered by Pakistani people.
During this period, the Saudi delegation will meet President Asif Ali Zardari, Prime Minister Shahbaz Sharif, and Army General Syed Asim Munir, among other senior officials.
The talks are expected to further strengthen the already strong ties between the two countries.
S Arabia pledged to invest $7 billion
Meanwhile, Saudi Arabia has pledged to invest about $ 7 billion in various sectors of Pakistan. Sources confirmed the decision and marked a new chapter in economic relations between the two countries.
The agreement is expected to cover a wide range of sectors, reflecting the depth and breadth of Saudi Arabia’s commitment to Pakistan’s economic development.
Government sources expressed hope for the visit, citing its potential to improve Pakistan’s economic situation. The $7 billion investment is expected to have a huge impact not only on Pakistan’s economy but also to attract foreign investment.
