ISLAMABAD – Pakistan’s economic links with the Middle East witnessed a significant growth as Qatar agreed to make an investment of three billion dollars into Pakistan’s economy. Minister of Information and Broadcasting Attaullah Tarar briefed that Prime Minister Shehbaz Sharif had returned after visiting Saudi Arabia and Qatar on successful sojourns.
Speaking at a news conference in Islamabad, Tarar said that the broad-based cooperation agreement between Qatar and Pakistan includes sectors such as trade, investment, culture, and economic collaboration. This financial pledge from Qatar is most likely to boost the economic stability of Pakistan and open new avenues for growth.
An exhibition of Pakistani art and architecture was organized during the visit of the Prime Minister in Doha to solidify cultural and diplomatic ties. PM Shehbaz Sharif thanked the Amir of Qatar, Sheikh Tamim bin Hamad Al Thani, for his relentless support and commitment towards Pakistan.
Moreover, Prime Minister Sharif had a rich interaction with Saudi Crown Prince Mohammed bin Salman. Among those are the investment expansion of Saudi Arabia from $2.2 billion to $2.8 billion in this case, indicating exactly how closer and deeper the relations between the two can be made. On top of it, Prime Minister Sharif utilized the visit as such an opportunity to express his government’s stance for Pakistan as supportive of the Palestinians under constant threat from persistent regional threats.