Pakistan and Saudi Arabia have reaffirmed their commitment to strengthening economic ties and fostering mutual prosperity, according to a statement issued following a meeting between key finance officials from both countries.
The meeting, which took place on the sidelines of the Emerging Markets Conference in AlUla, Saudi Arabia, brought together Pakistan’s Federal Minister for Finance and Revenue, Muhammad Aurangzeb, and Saudi Arabian Finance Minister Mohammed bin Abdullah Al-Jadaan on Saturday.
During the discussion, the Saudi finance minister extended a warm welcome to Aurangzeb and reiterated the “deep-rooted brotherly ties” between the two nations. He was joined by Dr. Hamad Mohammed Al Sheikh, Minister of State and member of the Council of Ministers, as well as Khurram Schehzad, Adviser to Pakistan’s Finance Minister.
The talks focused on exploring ways to boost bilateral trade, investment, and financial collaboration. Both ministers expressed their shared dedication to fully leveraging the strategic partnership between the two countries.
They also discussed potential areas of collaboration in sectors such as infrastructure, energy, technology, and finance, with an emphasis on promoting investment flows and creating economic opportunities that would benefit both countries and the wider region.
The meeting underscored the importance of ongoing dialogue and joint initiatives, setting the stage for deeper economic cooperation between Saudi Arabia and Pakistan in the years ahead.
