PRIME Minister Shehbaz Sharif has termed Pakistan’s recent diplomatic deliberations with Saudi Arabia “great progress”, Geo News reported.

In an interview with Arab news channel Al Arabiya English, the premier said, “We have identified areas of mutual cooperation, both at the government-to-government and business-to-business levels and that have been clearly identified. We now have a clear-cut way forward.”

The PM highlighted that both countries would work on mutual cooperation and investments in the field of mines and minerals as well as renewable energy, among other fields.

The interview comes days after a Saudi investors’ delegation visited Pakistan.

The premier spoke about his maiden visit to the kingdom after starting his new term as the country’s chief executive. He also mentioned the visits made by the Saudi government and business delegations to strengthen diplomatic and trade ties between the two nations.

PM Shehbaz said his meetings with Saudi Crown Prince Mohammed Bin Salman were positive.

In response to a question, the premier termed the recent Pak-Saudi investment conference “very productive and fruitful”.

While sharing details of his vision for economic stability, the PM mentioned his recent visit to the kingdom to attend the World Economic Forum meetings in which the discussions revolved around increasing agricultural production in Pakistan with the help of modern equipment and technology.

Published in Dawn, May 12th, 2024

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

Opinion

Editorial

Yearly trouble
Updated 25 Oct, 2024

Yearly trouble

Both Pakistan and India need a strategy that not only penalises harmful practices but also provides long-term solutions.
Countering cybercrime
25 Oct, 2024

Countering cybercrime

THE new National Cyber Crime & Investigation Authority appears to have landed in limbo, with the authorities...
Controversial guest
25 Oct, 2024

Controversial guest

INDIAN preacher Dr Zakir Naik is not known for his subtle approach to faith. Controversies have surrounded him for...
Curtain call
Updated 24 Oct, 2024

Curtain call

There is hope that under Justice Afridi, SC can move beyond the discord and heal the fractures that developed under CJP Isa’s watch.
IMF’s estimate
24 Oct, 2024

IMF’s estimate

THE IMF’s economic growth projection of 3.2pc for Pakistan falls short of the 3.5pc target that the government has...
Religious exchanges
24 Oct, 2024

Religious exchanges

STRAINED relations between Pakistan and India prevent followers of different faiths from visiting sacred sites on ...