MBS and PM Shehbaz Sharif Discuss Economic Collaboration in Riyadh

Web DeskNovember 1, 2024 06:33 AMpolitics
  • PM Shehbaz Sharif meets Crown Prince Mohammed bin Salman.
  • Focus on enhancing trade and investment between Pakistan and Saudi Arabia.
  • Shared concerns over regional issues and Israeli aggression.
MBS and PM Shehbaz Sharif Discuss Economic Collaboration in RiyadhImage Credits: dailytimes_pk
PM Shehbaz Sharif and Crown Prince MBS discuss economic collaboration and regional issues at the FII Conference in Riyadh.

In a significant development for international relations, Prime Minister Shehbaz Sharif of Pakistan met with Crown Prince Mohammed bin Salman of Saudi Arabia during the eighth edition of the Future Investment Initiative (FII) Conference held in Riyadh. This meeting, which took place on Tuesday, focused on enhancing economic collaboration between the two nations across various sectors, including trade and investment.

During their one-on-one discussion, Prime Minister Shehbaz Sharif conveyed his best wishes for the health and well-being of King Salman bin Abdulaziz. He expressed gratitude to Crown Prince Mohammed bin Salman for the unwavering support that Saudi Arabia has extended to Pakistan, particularly concerning international financial institutions. The Prime Minister also appreciated the warm hospitality extended to him and his delegation during their visit.

Highlighting the significance of the FII Conference, Shehbaz praised the Crown Prince’s visionary leadership. He noted that Saudi Vision 2030 aligns closely with Pakistan’s key policy objectives, indicating a shared vision for economic growth and development. The Prime Minister referred to a recent visit by a high-level Saudi delegation, led by the Saudi Minister of Investment, which resulted in several memorandums of understanding. These agreements are expected to lay a solid foundation for future economic partnerships between Pakistan and Saudi Arabia.

Moreover, both leaders expressed their concern regarding the ongoing Israeli aggression in the region, which has caused considerable destruction and suffering. This shared concern reflects the deepening religious and cultural ties between Pakistan and Saudi Arabia, emphasizing the importance of solidarity in times of crisis.

The meeting between Prime Minister Shehbaz Sharif and Crown Prince Mohammed bin Salman not only underscores the strengthening relationship between the two leaders but also highlights the broader implications for economic collaboration in the region. As both nations work towards mutual growth and stability, it is clear that their partnership will play a crucial role in addressing regional challenges and fostering economic prosperity.

The discussions held at the FII Conference mark a pivotal moment in Pakistan-Saudi relations. With a focus on economic collaboration and shared values, both countries are poised to embark on a journey that could lead to significant advancements in trade and investment. As they navigate the complexities of the global economy, the commitment to work together will undoubtedly yield positive outcomes for both nations and their people.

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