Pakistan, Saudi Arabia vow to unlock full potential of strategic ties

Islamabad: In a significant step toward strengthening regional collaboration and economic growth, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with his Saudi counterpart, Mohammed bin Abdullah Al-Jadaan, on Saturday.

According to a press release from the Finance Ministry, the meeting took place on the sidelines of the Emerging Markets Conference in AlUla, Saudi Arabia.

Al-Jadaan extended a warm welcome to Aurangzeb, reaffirming the strong and historic ties between Saudi Arabia and Pakistan. The Saudi minister was accompanied by Dr. Hamad Mohammed Al Sheikh, Minister of State and Member of the Council of Ministers, while Pakistan’s Finance Minister was joined by Adviser Khurram Schehzad.

The discussions focused on strengthening economic cooperation, exploring opportunities for bilateral trade, investment, and financial collaboration. Both ministers expressed their commitment to maximizing the strategic partnership between the two nations.

Key areas of potential collaboration included infrastructure, energy, technology, and finance. Both sides underscored the importance of continued dialogue and joint initiatives to enhance investment flows and create economic opportunities that would benefit not only their respective countries but also the broader region.

The meeting further solidified the longstanding friendship and strategic alliance between Saudi Arabia and Pakistan, paving the way for deeper economic engagement and cooperation in the years ahead.