ISLAMABAD: Pakistan and Saudi Arabia have agreed to expand cooperation in investment, technology, and key economic sectors, reaffirming their long-standing strategic partnership. The understanding was reached during a meeting between Pakistan’s Deputy Prime Minister Ishaq Dar and Saudi Minister for Economy and Planning Faisal Fadhil Al-Ibrahim, held on the sidelines of high-level UN Security Council events chaired by Pakistan.
According to the Foreign Office, both leaders emphasized the importance of enhancing bilateral economic engagement and committed to a shared vision of sustainable peace, regional harmony, and mutual prosperity. The meeting highlighted opportunities to strengthen ties through strategic investments and technological collaboration, particularly in sectors like food security, industrial development, and mineral exploration.
Deputy Prime Minister/Foreign Minister, Senator Ishaq Dar @MIshaqDar50, met with Saudi Minister of Economy and Planning, Faisal Fadhil Al-Ibrahim, on the sidelines of high-level events during Pakistan’s Presidency of the UN Security Council.
They reaffirmed the fraternal ties… pic.twitter.com/G6z9QE83TH
— Ministry of Foreign Affairs – Pakistan (@ForeignOfficePk) July 23, 2025
The two sides discussed actionable steps to boost Saudi investment in Pakistan’s economy, which is currently undergoing structural reforms. Saudi Arabia has shown growing interest in sectors such as agriculture, renewable energy, mining, and manufacturing, in line with its Vision 2030 agenda and Pakistan’s economic revival plans. The leaders also reviewed ongoing collaboration through the Special Investment Facilitation Council (SIFC).
Pakistan reiterated its commitment to providing a secure and investor-friendly environment, while Saudi Arabia expressed readiness to increase economic footprints in Pakistan. Both nations acknowledged the role of technical knowledge sharing, skilled workforce training, and innovation-driven development in achieving long-term goals.
The meeting reflects a renewed momentum in Pakistan–Saudi relations, which have expanded beyond traditional diplomacy to include strategic economic and technological cooperation. Officials said regular follow-ups will be held to translate these understandings into tangible outcomes that benefit both countries.