logo
Pakistan Saudi Arabia
In this photo released by Prime Minister Office, visiting Saudi Foreign Minister Prince Faisal bin Farhan, seventh left, meets with Pakistan's Prime Minister Shehbaz Sharif, center, in Islamabad, Pakistan, Tuesday, April 16, 2024. Saudi Arabia's foreign minister led a high-level delegation on a two-day visit to Pakistan, which is seeking help in overcoming one of its worst economic crises. (Prime Minister Office via AP)

Pakistan's premier calls for closer cooperation with Saudi Arabia to enhance investment in Pakistan

Officials say Pakistan’s prime minister has called for closer cooperation between Saudi Arabia and his cash-strapped Islamic nation to enhance Saudi investment in his country

By AP News
Published - Apr 16, 2024, 05:21 AM ET
Last Updated - Apr 16, 2024, 05:21 AM EDT

ISLAMABAD (AP) — Pakistan's prime minister called for closer cooperation between Saudi Arabia and his cash-strapped Islamic nation to enhance Saudi investment in his country, a government statement said Tuesday.

Shehbaz Sharif made his remarks during a meeting with Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan who arrived Monday in the capital, Islamabad, to discuss a range of issues, including how to help Pakistan overcome its economic crisis.

The previous week, Sharif met with Crown Prince Mohammed bin Salman in Saudi Arabia, one of Pakistan’s closest allies and a leading supplier of oil to Islamabad. According to Pakistani officials, Prince Mohammed had assured Pakistan that Saudi Arabia would invest $5 billion in Pakistan.

On Monday, Sharif said the visit by Prince Faisal and the high level delegation showed the “strong commitment of both countries to the strengthening of bilateral relations focused on mutually beneficial economic cooperation."

Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
4.2 12182024