Ishaq Dar Pledges Support for Saudi Investments in Pakistan

Web DeskApril 17, 2024 12:36 AMnational
  • Foreign Minister Dar assures full support for Saudi investments in Pakistan
  • Special Investment Facilitation Council to expedite investment processes
  • Collaborative efforts between Pakistan and Saudi Arabia focus on economic growth
Ishaq Dar Pledges Support for Saudi Investments in PakistanImage Credits: WE News -
Foreign Minister Ishaq Dar pledges full support to Saudi Arabia for investments in Pakistan, emphasizing collaborative efforts for economic growth and regional stability.

Foreign Minister Ishaq Dar has pledged full support to Saudi Arabia for its investments in Pakistan during a meeting of the Special Investment Facilitation Council (SIFC) in Islamabad. The Saudi delegation, led by Foreign Minister Prince Faisal Bin Farhan Al Saud, was assured that their engagements and investments would be handled with the utmost respect and commitment from Pakistan's side.

Dar emphasized the strengthening bonds between the two countries through collaborative efforts, highlighting the potential for Saudi investments to contribute to regional peace and stability. He outlined the opportunities for investment in sectors such as agriculture, energy, and mining, aiming to position Pakistan as a hub of economic activity and innovation.

The Special Investment Facilitation Council, as mentioned by Dar, will ensure swift and mutually beneficial investment processes, showcasing Pakistan's dedication to facilitating foreign direct investment. Prime Minister Shehbaz Sharif also stressed the importance of expediting the initial phase of Saudi investments, following the recent commitment to a $5 billion investment package between the two nations.

In conclusion, the collaborative efforts between Pakistan and Saudi Arabia signal a promising future for economic growth and prosperity, with a focus on mutual benefit and regional development.

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