Riyadh Pledge to Boost Economic Ties

Islamabad, Pakistan and Saudi Arabia have reiterated their commitment to strengthening bilateral economic cooperation and increasing Saudi investments in Pakistan,

According to Ministry of Information and Broadcasting, Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar met with Saudi Foreign Minister Faisal bin Farhan Al Saud on the sidelines of the 15th OIC Islamic Summit Conference in Banjul, The Gambia. During the meeting, both officials expressed their determination to further enhance economic collaboration between the two countries.

The discussions also addressed the recent developments in the Middle East, with a particular focus on the urgent need for a ceasefire in Gaza. Both sides emphasized the significant role of the Organization of Islamic Cooperation in addressing issues concerning the Muslim Ummah, including the situations in Palestine and Kashmir.

Highlighting the importance of the longstanding strategic and economic ties between Pakistan and Saudi Arabia, the officials reaffirmed their commitment to deepening economic cooperation and increasing Saudi investments in Pakistan.

Foreign Minister Ishaq Dar commended Saudi Arabia’s ‘Vision 2030’, which aims at the socio-economic transformation of the Kingdom in the 21st century. He also lauded the recent visit of the Saudi Foreign Minister and a high-level delegation to Pakistan, noting that it marked a new phase of economic collaboration between the two countries.