Prime Minister Shehbaz Sharif’s Saudi visit culminated in major investment agreements worth $2.2 billion. Co-operation is said to be increasing; the number of agreements from 27 now stands at 34 that would include agriculture, textile manufacturing, and technology.
These agreements were signed in a signing ceremony where some important guests were present, including Saudi Investment Minister Khalid bin Abdulaziz Al-Falih. PM Shehbaz said that such investments can strengthen economic relations between Pakistan and Saudi Arabia, and it is a positive omen for the leadership of the kingdom to invest in Pakistan
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It is the most important development step taken on the way towards enhancing both bilateral relations and economic cooperation, in accordance with Vision 2030 for Saudi Arabia.
