Pakistan and Saudi Arabia vow to deepen trade and investment partnership

Prime Minister Muhammad Shehbaz Sharif said that during his meeting with Saudi Crown Prince Mohammed bin Salman, both leaders reaffirmed the enduring strength of brotherly ties between Pakistan and Saudi Arabia and discussed ways to further enhance their historic partnership in trade, investment and economic cooperation.

In a post on X, the prime minister wrote: “It was a great pleasure and honor to meet my brother, His Royal Highness Crown Prince Mohammed bin Salman, in Riyadh today.”

“I remain deeply grateful for His Royal Highness’s personal commitment and steadfast support to advance our shared vision of deeper collaboration and prosperity for our two nations and peoples,” he added.

Shehbaz Sharif landed in Saudi Arabia on Monday for a three-day visit to attend the Ninth Edition of the Future Investment Initiative (FII9), a three-day conference taking place from October 27 to 30 in Riyadh.

Apart from FII9, the Prime Minister will also interact with leaders of other participating countries and heads of international organisations.

Read: The Prime Minister travels to Riyadh today for FII9

“These exchanges will highlight Pakistan’s investment potential and its willingness to seek collaborations in sustainable development, in line with the ‘Think, Share and Act’ model.

“This visit underscores Pakistan’s commitment to advancing economic diplomacy and fostering strategic partnerships in investment, technology and sustainable development,” he added.

The first conference of the Future Investment Initiative took place in October 2017 in Riyadh.

The meeting brings together policymakers, investors, entrepreneurs and young leaders to discuss international investment and the global economy.