Prime Minister Shehbaz Sharif said on Monday that Pak-Saudi economic ties had entered a “new era” with the trade volume between the two countries poised to significantly increase.
During the meeting with the Saudi Minister for Commerce Majid al Kasabi on the sidelines of the World Economy Forum’s special meeting in Riyadh, the Saudi minister said “Pakistan is Saudi Arabia’s priority for investment and trade as per the directives of Saudi Crown Prince Mohammed bin Salman”.
The Saudi minister said targets were being set to increase bilateral economic and trade relations between the two countries in the next 12-18 months, the report added.
Acknowledging the role of Pakistanis in the development and prosperity of Saudi Arabia, the minister emphasised inculcating the sentiments of Saudi-Pak friendship among the youth of both countries, Radio Pakistan stated.
The Saudi minister also outlined plans to elevate bilateral economic and trade relations within the next year or so and maintained that ambitious targets for growth have been set.
During the exchange, the premier underscored the active role played by the Special Investment Facilitation Council in promoting foreign investment and facilitating investors.
