Pakistan, Saudi Arabia pledge to boost economic ties

Published
0

 BANJUL: Deputy PM Ishaq Dar is welcomed by Gambia’s President Adama Barrow at OIC summit.—AFP
BANJUL: Deputy PM Ishaq Dar is welcomed by Gambia’s President Adama Barrow at OIC summit.—AFP

ISLAMABAD: Noting the importance of long-standing strategic and economic relations between Pakistan and Saudi Arabia, Deputy Prime Minister and Foreign Minister Ishaq Dar and Saudi Foreign Minister Prince Faisal bin Farhan Al Saud reaffirmed the resolve to further enhance economic cooperation and Saudi investments in Pakistan.

Mr Dar held a meeting with the Saudi foreign minister on the sidelines of the 15th OIC Islamic Summit Conference, in Banjul, The Gambia, on Saturday.

The deputy prime minister also held meetings with Prime Minister and Foreign Minister of Qatar Sheikh Mohammed bin Abdul Rahman Al Thani, Foreign Minister of Kuwait Abdullah Ali Al-Yahya, Foreign Minister of Egypt Sameh Hassan Shoukry, and Nigerien counterpart Bakary Yaou Sangare.

During the meetings, they expressed concern over the recent developments in the Middle East and called for an immediate ceasefire in Gaza.

Qatar to cooperate in energy domain, explore employment opportunities for Pakistanis

During the meeting with the Saudi foreign minister, Mr Dar said Prince Faisal’s recent visit to Pakistan represented a new momentum in economic collaboration.

Pakistan-Qatar trade ties

On the margins of the OIC summit, Mr Dar and Prime Minister and Foreign Minister of Qatar Mr Al Thani discussed multi-faceted bilateral cooperation, especially in the energy domain.

They agreed to further expand trade and investment ties and explore increased employment opportunities for Pakistanis in Qatar.

The deputy PM and Egyptian foreign minister emphasised the need for further strengthening the relations which are characterised by the common bonds of faith, cultural affinity and similarity of perception on regional and global issues.

Niger’s support

On the sidelines of the summit, Pakistan and Niger discussed coordination within the OIC framework and agreed to continue working closely to advance the collective interest within the OIC and beyond.

Deputy PM Dar appreciated Niger’s support for Pakistan at various regional and international platforms and its principled stance on the Jammu and Kashmir dispute.

Published in Dawn, May 5th, 2024

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...