Islamabad, 15 September 2023 (TDI): Saudi Ambassador Nawaf bin Saeed Ahmed Al-Maliki called on Pakistan Minister for Commerce, Industries and Production, Dr Gohar Ejaz to discuss matters of mutual interest at the Ministry of Commerce in Islamabad, on September 14.
Saudi Arabia and Pakistan have long-standing relations of brotherhood and collaboration in a range of areas, including commerce, the economy, culture, and defence.
During the meeting, the Saudi Ambassador extended congratulations to Dr. Gohar on his recent appointment.
Moreover, the Saudi Ambassador conveyed warm regards from Saudi Arabia’s Custodian of Two Holy Mosques and Crown Prince Mohammed Bin Salman.
Dr. Gohar Ejaz praised the Saudi leadership’s forward-thinking strategy and gave Ambassador Nawaf assurances of Pakistan’s everlasting support and dependability.
The Federal Minister of Industries also discussed the strong historical ties between Pakistan and Saudi Arabia, expressing gratitude for Saudi Arabia’s consistent support of Pakistan’s economic stability and growth.
Furthermore, the Saudi Ambassador laid special emphasis on Saudi Arabia and Pakistan’s fraternal bond.
Additionally, he also said that mutual trust and collaboration in bilateral and regional concerns were characteristics of the two nations’ ties.
Meanwhile, Saudi Arabia has recently expressed a strong interest in investing in Pakistan’s crucial sectors.
Earlier this month, a delegation of diplomats from the Kingdom travelled in Pakistan earlier this month to look into mining investment prospects and to take advantage of Pakistan’s estimated $6 trillion in mineral resources.
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Moreover, Saudi Arabia made a $2 billion deposit in Pakistan’s central bank in June, which enabled Islamabad to receive a $3 billion rescue package from the International Monetary Fund (IMF) and prevent a sovereign default.
In addition to robust diplomatic ties with Pakistan, Saudi Arabia hosts more than 2.5 million Pakistani emigrants, making the Kingdom Pakistan’s largest source of contributions which are crucial in keeping its economy afloat.
