In a significant move to deepen bilateral ties, Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman have unveiled a new framework designed to boost economic cooperation between Pakistan and Saudi Arabia.
The initiative focuses on expanding trade, attracting investment, and opening fresh opportunities across vital sectors such as energy, mining, technology, tourism, agriculture, and food security. Both nations have agreed to collaborate on several joint ventures aimed at strengthening their economies and creating employment opportunities.
Among the key projects under discussion is an electrical interconnection plan that would enable the two countries to share energy resources more efficiently, marking a major step toward regional energy cooperation.
Speaking at the announcement, Prime Minister Shehbaz Sharif reaffirmed Pakistan’s strong commitment to supporting Saudi investments, pledging full facilitation for projects that serve mutual interests. He emphasized that this partnership represents not only economic collaboration but also a deep and enduring friendship built on shared values and goals.
Crown Prince Mohammed bin Salman, on his part, commended Pakistan’s ongoing efforts to improve its investment climate and expressed confidence in the country’s economic potential.
This new economic partnership marks a promising milestone in Pakistan–Saudi relations, setting the stage for a future defined by trust, collaboration, and sustainable development. Both nations see it as a step toward greater regional stability and collective prosperity.
