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Daily Time

A Much-Needed Chance

Published on: October 29, 2025 12:43 AM

There is a certain fatigue that greets every historic agreement announced in Islamabad. We have been here before: summits, memoranda, frameworks, and promises of billions.

Yet this time, with Saudi Arabia’s decision to launch a structured economic and strategic cooperation framework with Pakistan, there is reason to believe the pattern could finally shift if Pakistan chooses substance over ceremony.

For decades, Pakistan’s ties with the Gulf have rested on sentiment and security. Labour remittances, pilgrimages, and periodic bailouts built the illusion of stability, while the underlying relationship remained transactional.

When Riyadh offered support in hard times, Islamabad repaid with rhetoric and military cooperation. What was missing was a shared economic vision that could endure beyond oil prices and crises.

The new framework, spanning energy, mining, technology, agriculture, and defence cooperation, offers precisely that opening. It reflects the reality that both nations are realigning their priorities.

Saudi Arabia is modernising under Vision 2030, diversifying away from oil, and seeking partners who can provide manpower, markets, and manufacturing depth. Pakistan, long trapped in a cycle of debt and dependency, finally appears to understand that its relevance will now be measured in investment flows.

But opportunity alone will not rescue us from ourselves. Pakistan’s history is littered with missed chances, may they be grand projects that died in committees, reforms announced and forgotten, and investors frightened away by policy whiplash. For this partnership to become a turning point, Islamabad must first get its own house in order. Predictable tax policy, streamlined regulation and transparent land and energy pricing need to be emphasised as the foundation of credibility.

Encouragingly, there are early signs of seriousness. The push to digitise tax collection and expand provincial IT-skills programmes hints at a government beginning to link human-capital reform to foreign-policy ambition.

Punjab’s free training initiatives in artificial intelligence, data science, and cybersecurity are modest in scale but symbolically important, for they show that Pakistan understands how global capital chases capability. Scaling such programmes nationwide would send a stronger message than any joint communiqué.

Still, the window is narrow. The region’s economic map is being redrawn, and India has spent a decade cultivating the same Gulf capitals with consistency and clarity. Pakistan cannot afford to alternate between exuberance and neglect. The Saudi partnership must become part of a coherent geo-economic strategy; one that connects Gwadar to the Gulf, our youth to the digital economy, and our diplomacy to disciplined domestic reform. *

Filed Under: Editorial Tagged With: Chance, Much-Needed

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