PM Shehbaz reiterates Pakistan’s desire to strengthen its ties with Saudi Arabia
This follows the signing of 34 memoranda of knowledge (MoUs) between the two countries in a brief span, highlighting their dedication to deepening bilateral investment throughout a couple of sectors. Prime Minister Shehbaz Sharif chaired a excessive-stage assembly in Islamabad on Monday to study the progress of these agreements, emphasizing the importance of the strategic partnership among Pakistan and Saudi Arabia. The consultation become a part of the continuing efforts under the Pakistan-Saudi Arabia Joint Task Force, which convened its 2d meeting in November. During the briefing, PM Sharif become knowledgeable that, out of the 34 MoUs signed, seven had been formalized into binding agreements really worth $560 million, with investments spanning across key sectors. The assembly became attended by way of key government officials, together with Deputy Prime Minister Ishaq Dar, Federal Minister for Economic Affairs Ahad Khan Cheema, and Finance Minister Muhammad Aurangzeb. Premier lauded the progress of the continuing initiatives and reiterated Pakistan’s preference to bolster its ties with Saudi Arabia, a longstanding ally. “Saudi Arabia has continually been a dependable partner for Pakistan, assisting us through challenging instances,” Sharif stated, adding that the authorities is dedicated to increasing cooperation in regions like economic improvement, electricity, and infrastructure. Sources additionally confirmed that Prime Minister Sharif will travel to Saudi Arabia for a -day go to beginning tomorrow. His experience will include participation in the Water Summit, in addition to engagement in sideline occasions all through COP sixteen. PM Shehbaz will be observed through key officers, inclusive of Federal Minister for Information Atta Tarar and Federal Minister for Petroleum Mosaddiq Malik.C