Pakistan, KSA vow for strengthening economic ties for a shared future

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Pakistan

ALULA, KSA, FEB 15: /DNA/ – In a significant stride towards fostering regional collaboration and economic prosperity, the Federal Minister for Finance and Revenue of Pakistan, Senator Muhammad Aurangzeb, held a high-level meeting with his Saudi counterpart, His Excellency Mohammed bin Abdullah Al-Jadaan, Minister of Finance of the Kingdom of Saudi Arabia. The meeting took place on the sidelines of the Emerging Markets Conference in the historical city of Alula, Kingdom of Saudi Arabia.

Minister Al-Jadaan warmly welcomed Senator Aurangzeb to the Kingdom, reaffirming the deep-rooted brotherly ties between Saudi Arabia and Pakistan. Joining the Saudi Finance Minister was His Excellency Dr. Hamad Mohammed Al Sheikh, Minister of State and Member of the Council of Ministers. Advisor to Finance Minister of Pakistan Mr. Khurram Schehzad was also present.

The meeting underscored a shared commitment to build bridges of economic cooperation and advance mutual prosperity. The discussions highlighted opportunities for enhancing bilateral trade, investments, and financial collaboration, with both ministers expressing their dedication to unlocking the full potential of their countries’ strategic partnership.

The ministers explored avenues for collaboration in key sectors, including infrastructure, energy, technology, and finance. Both sides emphasized the importance of continued dialogue and joint initiatives to facilitate investment flows and economic opportunities that would benefit not only the two nations but also the broader region.

The meeting further reinforced the longstanding friendship and strategic partnership between Saudi Arabia and Pakistan, setting the stage for increased economic cooperation and collaboration in the years to come.