Prime Minister Shehbaz Sharif told a visiting Saudi business delegation that Pakistan is keen to build a strategic economic partnership with the Kingdom.
A high-level Saudi business delegation met Pakistan’s Prime Minister Shehbaz Sharif in Islamabad on Tuesday, as the two countries moved to deepen their long-standing economic relationship and expand investment across key sectors.
According to The Express Tribune, the delegation was led by His Highness Prince Mansour bin Mohammad Al Saud, Chairman of the Saudi-Pak Joint Business Council, who called on the Prime Minister at the Prime Minister House. During what officials described as a warm and cordial meeting, the Prime Minister said Pakistan was keen to elevate its economic relationship with the Kingdom of Saudi Arabia into a mutually beneficial strategic economic partnership, in line with the vision of Crown Prince and Prime Minister Mohammed bin Salman.
The Prime Minister conveyed his respectful regards to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and to Crown Prince and Prime Minister Mohammed bin Salman. Recalling the longstanding brotherly ties between Pakistan and Saudi Arabia, he discussed avenues for expanding economic cooperation and investment between the two nations, noting that the present moment offered an opportune time for closer collaboration at both the government-to-government and business-to-business levels.
Prince Mansour thanked the Prime Minister for the warm reception and reaffirmed the continued interest of the Saudi government and business community in deepening engagement with Pakistan. He recalled his earlier visits to the country, and the Prime Minister expressed hope that the current visit would build on those discussions and lead to the signing of memoranda of understanding between the two sides.
The talks reflected a growing momentum in economic relations between the two allies. Saudi investors have expressed interest in a range of priority areas, including agriculture and food security, ports, highways and airports, energy, power distribution, and information technology. The Prime Minister welcomed that interest, framing it as part of a broader effort to attract long-term, investment-based partnerships rather than short-term financial support.
The engagement builds on a series of high-level exchanges between the two countries over the past year, including the Prime Minister’s own official visit to Saudi Arabia earlier this month. It also follows steady growth in commercial ties, with Pakistani and Saudi businesses having signed a substantial number of agreements worth billions of dollars in recent years as the two sides work to broaden trade and investment.
During its stay in Pakistan, the Saudi delegation is scheduled to meet a number of senior government representatives and private-sector stakeholders. The visit forms part of ongoing efforts to translate the two countries’ close political and religious ties into concrete economic cooperation, a relationship that also holds significance for the millions of Pakistani expatriates who live and work in the Kingdom.
Pakistan and Saudi Arabia have long maintained close relations spanning political, economic, defense, religious, and cultural cooperation, with the Kingdom remaining one of Pakistan’s most important strategic partners and a key source of investment and employment. The latest meeting underscored a shared intent on both sides to strengthen that partnership further in the years ahead.
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