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Islamabad, Riyadh vow to enhance economic cooperation
May 04, 2024

Pakistan and Saudi Arabia have reaffirmed the resolve to further enhance their bilateral economic cooperation and Saudi investments in Pakistan.

The commitment was expressed during meeting between Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar with Saudi Foreign Minister Faisal bin Farhan Al Saud on the sidelines of 15th OIC Islamic Summit Conference, in Banjul, The Gambia today.         

The meeting expressed deep concern over the recent developments in the Middle East and called for an immediate ceasefire in Gaza.                            

The two sides also noted the significant role of the Organization of Islamic Cooperation on issues concerning the Muslim Ummah including the situations in Palestine and Kashmir.               

Noting the importance of long-standing strategic and economic relations between Pakistan and Saudi Arabia, the two sides reaffirmed the resolve to further enhance economic cooperation and Saudi investments in Pakistan.                                                            

Ishaq Dar lauded Saudi Arabia's 'Vision 2030' aimed at socio-economic transformation of the Kingdom in the 21st century.       

He said the recent visit of Saudi Foreign Minister with a high level delegation to Pakistan represented a new momentum in economic collaboration between Pakistan and Saudi Arabia.