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

  • Business

Budget Blues: OMAP raises red flags over budget

Oil Marketing Association of Pakistan (OMAP) has raised concerns regarding the recent budget announcement and…

7 hours ago
  • Business

Unaffordable Tariff: BMP predicts rise in power theft cases

The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has condemned the…

7 hours ago
  • Business

Government’s revision of IPP agreements is laudable

Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt,…

7 hours ago
  • Business

LCCI Polls: PPP alliance strengthens grip

More industrial groups and trade bodies have announced their support for the Piaf Pioneer Progressive…

7 hours ago
  • Business

China, Pakistan brew up new opportunities with broken tea exports

Broken tea from China and Pakistan can be blended and make new products for the…

7 hours ago
  • Business

Govt has no solid plan to fix economy: FRIA

The Ferozepur Road Industrial Association (FRIA) senior vice chairman Shahbaz Aslam has said that economic…

7 hours ago