ISLAMABAD: King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman on Friday sent felicitation messages to President Arif Alvi on the 75th Independence Day of the South Asian nation.
According to the kingdom’s official news agency, the Saudi royals wished the president good health and happiness while hoping for steady progress and prosperity for the people of Pakistan.
The two Muslim countries have always cherished close diplomatic relations and are collaborating with each other in a number of areas.
Prime Minister Imran Khan and the Saudi crown prince signed an important agreement last May to establish the Saudi-Pakistan Supreme Coordination Council to streamline the bilateral cooperation between the two countries.
Prior to that, Pakistan and Saudi Arabia agreed on a number of investment deals during the crown prince’s visit to Islamabad in February 2019.
The kingdom is home to more than two million Pakistanis and has been the top source of workers’ remittances to the South Asian nation.
The Pakistani workers based in Saudi Arabia remitted $7.6 billion to their homeland in the last fiscal year alone.
Among other areas of cooperation, the two countries are working with each other on environmental issues.
Saudi king, crown prince send felicitation messages to Pakistan on Independence Day
https://arab.news/wjmxw
Saudi king, crown prince send felicitation messages to Pakistan on Independence Day
- The two Saudi royals wished President Arif Alvi good health and happiness while hoping for steady progress and prosperity for the people of Pakistan
- Saudi Arabia and Pakistan have always enjoyed close diplomatic relations and are collaborating with each other in a number of areas
Pakistan to promote mineral sector at Saudi forum this month with 13 companies
- Delegation will take part in the Future Minerals Forum in Riyadh from Jan. 13-15
- Petroleum minister will lead Pakistan, participate in a 90-minute country session
ISLAMABAD: Around 13 Pakistani state-owned and private companies will attend the Future Minerals Forum (FMF) in Saudi Arabia from Jan. 13 to 15, an official statement said on Friday, as the country seeks to ramp up global engagement to develop its mineral resources.
The FMF is an international conference and investment platform for the mining sector, hosted by mineral-rich countries to attract global investors, companies and governments.
Petroleum Minister Ali Pervaiz Malik confirmed Pakistan’s participation in a meeting with the Saudi envoy, Nawaf bin Said Al-Malki.
Pakistan hosts one of the world’s largest copper-gold zones. The Reko Diq mine in southwestern Balochistan, with an estimated 5.9 billion tons of ore, is partly owned by Barrick Gold, which calls it one of the world’s largest underdeveloped copper-gold deposits. Its development is expected to boost Pakistan’s struggling economy.
“Upon an invitation of the Government of the Kingdom of Saudi Arabia, the Federal Minister informed the Ambassador that Pakistan will fully participate in the upcoming Future Minerals Forum (FMF), scheduled to be held in Riyadh later this month,” Pakistan’s Press Information Department (PID) said in an official statement.
The Pakistani minister will lead his country’s delegation at the FMF and take part in a 90-minute country showcase session titled “Unleashing Potential: Accelerating Pakistan’s Mineral Revolution” along with local and foreign investors.
Pakistan will also establish a dedicated pavilion to highlight the vast potential of its rich geological landscape to the global mineral community.
The Saudi envoy welcomed Pakistan’s decision to participate in the forum and discussed enhancing bilateral cooperation in the minerals and energy sectors during the meeting.
According to the statement, he highlighted the potential for cooperation between Saudi Arabia and Pakistan in the minerals and energy sectors, expressing confidence that the FMF would provide a platform to expand collaboration.
Pakistan’s mineral sector, despite its rich reserves of salt, copper, gold and coal, contributes only 3.2 percent to the country’s GDP and just 0.1 percent to global mineral exports.
However, many countries, including the United States, have shown interest in Pakistan’s underdeveloped mineral sector, particularly in copper, gold and other critical resources.
In October, Pakistan dispatched its first-ever shipment of rare earth and critical minerals to the United States, according to a Chicago-based US public relations firm’s report.
