Pakistan, Saudi Arabia Vow to Enhance Economic Cooperation

Sat May 04 2024
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RBANJUL: Pakistan and Saudi Arabia on Saturday reaffirmed the resolve to further enhance their bilateral economic cooperation and Saudi investments in Pakistan.

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

Both sides 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 crucial 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.

Pakistan’s Foreign Minister Ishaq Dar lauded Saudi Arabia’s ‘Vision 2030’ aimed at the socio-economic transformation of the Kingdom in the 21st century.

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

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