National Herald Tribune

PM, Saudi ministers discuss investment, business prospects in Pakistan

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RIYADH, (NNI): Prime Minister Shehbaz Sharif Sunday held separate meetings with Saudi Arabia's Minister for Investment Khalid Al-Falih, Minister for Finance Mohammad Al Jadaan and Minister for Industry Bandar bin Ibrahim Alkhouraye­f and discussed matters of mutual interest.

During the meetings, the Saudi minister for Investment declared the prime minister the "Prime Minister of Action" and said, "We all are aware of your performanc­e and speed of work."

He said the prime minister was taking forward the mission of progress of Pakistan and they all were with him. "Your mission is our mission," he remarked.

Saudi minister for finance said that a delegation of Saudi investors would soon visit Pakistan. Pakistan was priority for their investment and Saudi Arabia would continue to fully cooperate in the fields of agricultur­e, informatio­n technology and energy.

He said Pakistanis in the past, played a prominent role in the progress of Saudi Arabia in different fields.

During the meeting between the prime minister and the Saudi finance minister, it was agreed that Saudi Arabia would further explore opportunit­ies of investment in Pakistan.

The Saudi finance minister reaffirmed the support of Saudi Arabia in the economic progress of Pakistan said, "progress of Pakistan is progress of Saudi Arabia".

He said Saudi Arabia took difficult decisions for reforms at the government level regarding its Vision 2030.

The prime minister also met the Saudi Minister for Industry. The Saudi minister for industry expressed keen interest for collaborat­ion with Pakistan in the fields of agricultur­e, mining, informatio­n technology and other areas and informed about the progress made in this regard.

The Saudi minister said he was in contact with the Saudi private companies regarding investment in Pakistan and the representa­tives of these companies would soon visit Pakistan.

Collaborat­ion between the private companies of two countries was a priority for his government, he added.

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