Islamabad, Feb 14: Pakistan and Saudi Arabia have reaffirmed their commitment to strengthening economic ties and regional cooperation as Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met his Saudi counterpart, Mohammed bin Abdullah Al-Jadaan, on the sidelines of the Emerging Markets Conference in AlUla, Kingdom of Saudi Arabia. The high-level meeting marked a significant step towards fostering trade, investment, and financial collaboration between the two nations.
According to a press release from Pakistan’s Ministry of Finance, Minister Al-Jadaan warmly welcomed Senator Aurangzeb and reiterated the deep-rooted brotherly ties between Saudi Arabia and Pakistan. The discussions were attended by Dr. Hamad Mohammed Al Sheikh, Minister of State and Member of the Council of Ministers, as well as Pakistan’s Finance Minister’s advisor, Khurram Schehzad.
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The meeting focused on exploring opportunities for enhanced economic cooperation, particularly in key sectors such as infrastructure, energy, technology, and finance. Both ministers emphasized the need for continued dialogue and strategic initiatives to facilitate investment flows and unlock the full potential of their partnership. With Saudi Arabia’s growing interest in Pakistan’s economic landscape, discussions also revolved around creating a conducive environment for Saudi investors and strengthening financial ties to support long-term development goals.
The engagement underscored a shared vision for mutual prosperity and regional stability. Both sides acknowledged the importance of joint efforts in fostering sustainable economic growth and leveraging each other’s strengths to navigate global economic challenges. As part of their commitment, Pakistan and Saudi Arabia are expected to pursue initiatives that will benefit not only their economies but also contribute to broader regional development.
The meeting further reinforced the longstanding friendship and strategic alliance between the two countries, setting the stage for deeper economic collaboration in the years ahead. With both nations seeking to expand trade and investment ties, the discussions signal a renewed momentum towards stronger bilateral relations and economic cooperation.
