Page Nav

HIDE
Get latest news, breaking news, latest updates, live news, top headlines, breaking business news and top news of the hour.

Grid

GRID_STYLE

Classic Header

{fbt_classic_header}

Breaking News

latest

It is time to transform Pak-Saudi relations into economic partnership, says PM Shahbaz Sharif

Prime Minister Shahbaz Sharif has said that Pakistan and Saudi Arabia are one and the same, it is time to turn the relations between Pakista...

Prime Minister Shahbaz Sharif has said that Pakistan and Saudi Arabia are one and the same, it is time to turn the relations between Pakistan and Saudi Arabia into an economic partnership.

It is time to transform Pak-Saudi relations into economic partnership, PM Shahbaz Sharif, Saudi Arabia, very happy to welcome, the Saudi royal family, maknews-21,

Talking to a delegation of Saudi businessmen and investors in Islamabad, Prime Minister Shahbaz Sharif said that he was very happy to welcome his Saudi brothers to our second home from Saudi Arabia and their second home in Pakistan. Am doing

He said that Saudi Arabia has always supported Pakistan financially, diplomatically and in every field without any political distinction, for which we are grateful to the Saudi royal family.

The Prime Minister said that Saudi Arabia provided oil on late payments in difficult times, showing generosity even during the past years, billions of dollars from Saudi King Rawa and Crown Prince helped Pakistan, which will be remembered by future generations. ۔

Also read: "IMF agreement had no choice but to raise fuel prices"

He said that Pakistan and Saudi Arabia are one and the same, two molds, Saudi Crown Prince Muhammad bin Salman introduced many effective reforms, with the reforms Saudi Arabia is moving towards new development destination.

The Prime Minister said that apart from other objectives and benefits, our meeting today is like a family meeting, we are gathered here today to exchange views, listen to each other's point of view and position. Like we sit in our homes in Pakistan and Saudi Arabia.

Shahbaz Sharif said that he had visited Saudi Arabia with his delegation during the holy month of Ramadan. He was invited by Saudi Crown Prince Muhammad bin Salman to visit us. I have no words to express my gratitude.

The Prime Minister said that our visit to Saudi Arabia was very successful, we talked about increasing trade in various sectors, especially Saudi investment in various sectors of Pakistan, through which Saudi capital Cars can make a profit, their investment will be given full protection in accordance with state laws, in this way Saudi investors can make a profit from Pakistan.

Read also: Prime Minister's commitment to complete ongoing projects under C-Pack on time

Shahbaz Sharif said that Saudi investment would also benefit Pakistan from other sources including employment opportunities, increase in production and tax collection.

He said that there are vast and attractive opportunities and sectors for Saudi investors to do business in Pakistan. And there are vast export opportunities.

He said that similarly there are investment opportunities in Pakistan in the field of natural resources, Pakistan is a country rich in natural resources, prices of gas, oil and other commodities are rising worldwide, other in our country. Cheap labor force is available compared to other countries. With the investment of Pakistani and Saudi companies we can produce cheap and quality goods and export them to Saudi Arabia and other countries of the world.

The Prime Minister said that of course this cannot happen overnight but by starting the journey we can slowly move in this direction.

No comments

Thanks