Pakistan, Saudi Arabia reach consensus on investment modalities: Solangi

Author: APP

Caretaker Federal Minister for Information and Broadcasting Murtaza Solangi Sunday said that Pakistan and Saudi Arabia had reached a consensus on the investment modalities, paving the path for the ratification of a much-awaited free trade agreement with the Gulf Cooperation Council, a development that has been pending for the last 19 years. In a post on X, the minister said, “If approved, this will mark the first trade and investment agreement that the GCC has entered into with any country in the past 15 years.”

Share
Leave a Comment

Recent Posts

  • Top Stories

Constable martyred by the firing of Bandits

Lahore (Web Desk) Bandits fired in the area of Police Station City Muridke Constable Martyred…

8 hours ago
  • Business

Agriculture officials attend one-day training on IPM technology for cotton

MUZAFFARGARH: Officers and field staff of extension and plant protection directorates of the agriculture department…

12 hours ago
  • Business

Jordan keen to expand trade relations with Pakistan: Envoy

ISLAMABAD: Jordanian Ambassador Dr Maen Khreasat on Tuesday said that his country was keen to…

12 hours ago
  • Business

OGDCL earns Rs 123.296bn profit in first half of FY 2023-24

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Tuesday announced the financial results for…

12 hours ago
  • Business

Energy Minister, Turkmenistan Ambassador discuss progress of TAPI

ISLAMABAD: Caretaker Federal Minister for Energy, Muhammad Ali, and Ambassador of Turkmenistan, Atadjan Movlamov, on…

12 hours ago
  • Business

Pakistan, Saudi Arabia agree for increased investment in key sector

ISLAMABAD: Pakistan and Saudi Arabia have agreed to work towards increasing investment in key sectors,…

12 hours ago