Islamabad: The newly appointed Ambassador of the Kingdom of Saudi Arabia to Pakistan, Dr. Rajeh Albugamy, met with Federal Minister for Commerce Jam Kamal Khan in Islamabad to discuss the potential for strengthening bilateral trade, economic cooperation, and investment opportunities between the two countries.

According to Press Information Department, during the meeting, Minister Jam Kamal Khan emphasized the historic ties between Pakistan and Saudi Arabia, noting the Kingdom’s unique importance as the custodian of the Haram. He highlighted Pakistan’s continuous efforts to enhance relations through increased government, business, and cultural engagements over the past three years.

The Minister pointed out the potential for deeper economic integration, particularly in light of Saudi Arabia’s Vision 2030 and Pakistan’s industrial capabilities. He suggested that collaboration could focus on scaling up production, improving product quality, and adopting modern technologies, which would help Pakistani businesses better serve the Saudi market and create economic opportunities for both nations.

Further, the Minister stressed the need to expand Pakistan’s export base and strengthen private-sector partnerships to realize tangible trade outcomes. Meanwhile, the Saudi Ambassador affirmed the strong bonds between the two countries and expressed support for enhancing economic relations, highlighting opportunities in agriculture and regional connectivity.

The discussion also covered the Pakistan-Gulf Cooperation Council Free Trade Agreement, with both parties agreeing on its potential to expand market access and strengthen economic engagement. The Ambassador pledged continued collaboration with Pakistan’s Ministry of Commerce to explore new avenues for partnerships.

Both sides committed to regular coordination to advance trade, investment, and agricultural cooperation, aiming to translate their longstanding friendship into stronger economic ties.