ISLAMABAD: Pakistani Prime Minister Imran Khan arrived on a three-day visit to Saudi Arabia on the invitation of Saudi Crown Prince Mohammed bin Salman on Friday.
In his meetings with the Saudi leadership, Khan will cover all areas of bilateral cooperation including economics, trade, investment, environment, energy, job opportunities for the Pakistani workforce, and the welfare of the Pakistani diaspora in the kingdom, the foreign office said.
“The Prime Minister will be accompanied by a high-level delegation, including the Foreign Minister and other members of the Cabinet,” the foreign office said in a statement on Thursday.
During Khan’s visit, “the two sides will also exchange views on regional and international issues of mutual interest … A number of bilateral agreements/MoUs are expected to be signed during the visit.”
Khan will also meet the Secretary General of the Organization of Islamic Cooperation (OIC), Dr. Yousef Al-Othaimeen, the Secretary General of the World Muslim League, Mohammad bin Abdulkarim Al-Issa, and the Imams of the Two Holy Mosques in Makkah and Madinah.
“Prime Minister Imran Khan will also interact with the Pakistani diaspora in Jeddah,” the foreign office said.
“Pakistan and Saudi Arabia have long-standing and historic fraternal relations, rooted deep in common faith, shared history and mutual support. The relationship is marked by close cooperation in all fields and mutual collaboration on regional and international issues, in particular those faced by the Muslim Ummah,” the foreign office said, adding:
“Saudi Arabia is home to more than two million Pakistanis, contributing toward the progress and prosperity of both countries. Regular high-level bilateral visits continue to play a pivotal role in providing impetus to the fraternal ties and close cooperation between Pakistan and Saudi Arabia.”
Pakistani army chief General Qamar Javed Bajwa also visited Riyadh this week and on Wednesday discussed defense cooperation with the Saudi military chief of staff, Lt. Gen. Fayyad bin Hamed Al-Ruwaili.
During the meeting with Al-Ruwaili, Gen Bajwa “emphasized the need to further enhance military-to-military cooperation between the two-armed forces and said that Pakistan-KSA cooperation will have positive impact on peace and security in the region.”
On Friday, Bajwa held wide-ranging talks with the Saudi crown prince and reviewed bilateral ties.
Pakistani PM arrives in Saudi Arabia on three-day visit
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Pakistani PM arrives in Saudi Arabia on three-day visit
- During May 7-9 trip, PM will discuss all areas of bilateral cooperation, including trade, energy, welfare of Pakistani diaspora
- Army chief Gen Bajwa is also in Riyadh this week, meets Saudi crown prince and Saudi military chief
Pakistan PM directs ministries to fast-track foreign investment recommendations
- Pakistan’s foreign direct investment fell by over 25 percent during July-November period, official data states
- Premier directs ministries to provide support via embassies worldwide to facilitate foreign investors
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday directed all ministries to prepare recommendations for domestic, foreign investment and development projects related to their sectors, state media reported as Islamabad eyes sustainable economic growth.
The premier’s directives came while he chaired a meeting of the federal ministries on the implementation of economic governance reforms, state broadcaster Radio Pakistan reported.
Foreign direct investment inflows in Pakistan fell by more than 25 percent to $927 million during the July-November period, as per data from the central bank. Pakistan’s FDI inflows have never surged beyond $3 billion in nearly 20 years, worrying Islamabad as it seeks to escape a prolonged macroeconomic crisis.
“Prime Minister Shehbaz Sharif has directed all ministries to promptly prepare recommendations for domestic and foreign investment and development projects related to their respective sectors,” Radio Pakistan reported.
Sharif said it was his government’s top priority to provide institutional and administrative facilitation to investors.
The prime minister instructed federal ministries to provide “special importance” to proposals that promote exports.
“The prime minister directed the concerned ministries to provide effective support through Pakistani embassies worldwide to facilitate foreign investors,” the state media said.
Sharif stressed that equal attention be provided to industrial production, agriculture, and other key sectors to increase investment.
Pakistan’s government has said it is eyeing sustainable economic growth, driven by exports and foreign investment.
The South Asian country has recently signed agreements worth billions of dollars with regional allies such as Gulf nations, China and Central Asian nations to enhance cooperation in trade, investment, tourism, livestock, mines and minerals, and other sectors.
