MBS, PM discuss ways to expand economic collaboration

Author: Agencies

Prime Minister Shehbaz Sharif also held a one-on-one meeting with Crown Prince Mohammed bin Salman on the sidelines of the eighth edition of the Future Investment Initiative (FII) Conference in Riyadh on Tuesday. The two leaders discussed plans to expand economic collaboration across various sectors, including trade, investment, and the broader economy. During the meeting, Prime Minister Shehbaz Sharif extended his best wishes for the health and well-being of King Salman bin Abdulaziz and expressed gratitude to Crown Prince Mohammed bin Salman for Saudi Arabia’s support regarding international financial institutions. He also thanked the Crown Prince for the warm hospitality afforded to him and his delegation. Highlighting the importance of the FII Conference, Shehbaz praised the Crown Prince’s visionary leadership, noting that Saudi Vision 2030 aligns closely with Pakistan’s key policy objectives. He referred to the recent visit of a high-level Saudi delegation led by the Saudi Minister of Investment and discussed the memorandums of understanding signed during that visit, which establish a foundation for future economic partnership between the two nations. Both leaders expressed concern over the ongoing Israeli aggression in the region, which has led to significant destruction. The meeting underscores the longstanding and deepening religious and cultural ties between Pakistan and Saudi Arabia, reflecting the strengthening relationship between Prime Minister Shehbaz Sharif and Crown Prince Mohammed bin Salman.

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