PM Sharif says will prioritize transforming Pak-Saudi ties into economic partnership

A handout picture provided by the Saudi Royal Palace shows Saudi Arabia's Crown Prince Mohammed Bin Salman (R) welcoming Pakistani Prime Minister Shehbaz Sharif in Jeddah on April 30, 2022. (AFP/File)
Short Url
Updated 11 March 2024
Follow

PM Sharif says will prioritize transforming Pak-Saudi ties into economic partnership

  • Saudi Ambassador Nawaf bin Said Al-Malki calls on Pakistani PM Shehbaz Sharif 
  • Pakistan to focus on attracting Saudi investment for “bankable” projects, says PM

ISLAMABAD: Prime Minister Shehbaz Sharif stressed on Monday that his government’s priority would be transforming Pakistan-Saudi Arabia’s time-tested relationship into a “mutually beneficial” economic partnership, a statement from his office said. 

Pakistan set up a hybrid government body, the Special Investment Facilitation Council (SIFC) last year to attract foreign investment in the country’s key economic sectors. The SIFC has been seeking investment in sectors like energy, mines and minerals, information technology, agriculture and livestock, and industry and tourism. 

The council has specifically paid attention to the Gulf countries where its economic interests remain deeply entrenched.

Saudi Arabia’s Ambassador to Pakistan, Nawaf bin Said Al-Malki, called on PM Sharif on Monday, the Prime Minister’s Office (PMO) said. The Pakistani premier thanked Crown Prince Mohammed bin Salman and King Salman bin Abdul Aziz during his meeting with Malki for felicitating him after he was elected as the country’s chief executive. 

“The Prime Minister highlighted that his government’s priority would be to transform the time-tested bilateral relations between Pakistan and Saudi Arabia into a mutually beneficial, strategic and economic partnership,” the PMO said. “With a focus on attracting Saudi investment for bankable projects in Pakistan.”

In his meeting with Malki, Sharif thanked Saudi authorities for expanding the Makkah Route Initiative’s scope to facilitate Pakistani Hajj pilgrims. Launched as part of the Kingdom’s Vision 2030 plan, it allows for the completion of immigration procedures at the pilgrim’s country of departure. This makes it possible to bypass long immigration and customs checks upon reaching Saudi Arabia, which significantly reduces the waiting time and makes the entry process smoother and faster.

A Saudi delegation arrived in Pakistan last week to evaluate Karachi airport to explore the possibility of extending the facility to the city. 

Malki invited PM Sharif to visit Saudi Arabia, assuring him of the Saudi leadership’s full support, the PMO said. “He said that Saudi Arabia would always remain a reliable partner for building a stronger and prosperous Pakistan,” it added. 

Pakistan and Saudi Arabia enjoy strong trade, defense and brotherly relations. The Kingdom is home to over 2.7 million Pakistani expatriates, serving as the top destination for remittances for the cash-strapped South Asian country.


Pakistan joins regional talks on Afghanistan in Iran as Kabul stays away

Updated 15 December 2025
Follow

Pakistan joins regional talks on Afghanistan in Iran as Kabul stays away

  • China, Pakistan, Pakistan, Tajikistan, Uzbekistan, Turkmenistan all joined talks organized by Iran, as did Russia
  • Afghanistan was invited but decided not to attend, Taliban-led government was tight-lipped on the reasons

TEHRAN, Iran: Afghanistan’s neighbors met in Iran and agreed to deepen regional coordination to address political, economic and security challenges, as well as calling for sanctions on Afghanistan to be lifted. 

The only absent party? Afghanistan itself.

China, Pakistan, Pakistan, Tajikistan, Uzbekistan and Turkmenistan all joined the talks organized by Iran, as did Russia, according to a statement released after the meeting on Sunday.

Afghanistan was invited but decided not to attend. Its Taliban-led government was tight-lipped on the reasons, with the foreign ministry saying only that it would not participate because Afghanistan “currently maintains active engagement with regional countries through existing regional organizations and formats, and has made good progress in this regard.”

The statement from the talks in Iran stressed the importance of maintaining economic and trade ties with Afghanistan to improve living conditions and called for the country’s integration into regional political and economic processes.

The Taliban were isolated after they retook power in Afghanistan in August 2021, but in the past year, they have developed diplomatic ties. They now raise several billion dollars every year in tax revenues to keep the lights on.

However, Afghanistan is still struggling economically. Millions rely on aid for survival, and the struggling economy has been further impacted by the international community not recognizing the Taliban government’s seizure of power in the wake of the chaotic withdrawal of US-led troops in 2021. Natural disasters and the flow of Afghans fleeing Pakistan under pressure to return home have underlined Afghanistan’s reliance on foreign aid to meet essential needs.

The countries at the talks also voiced security concerns and pledged cooperation in combating terrorism, drug trafficking and human smuggling, while opposing any foreign military presence in Afghanistan. They underscored the responsibility of the international community to lift sanctions and release Afghanistan’s frozen assets, and urged international organizations to support the dignified return of Afghan refugees from neighboring countries.

The participants backed efforts to reduce tensions between Afghanistan and Pakistan, which have been particularly strained, with border clashes between the two sides killing dozens of civilians, soldiers and suspected militants and wounding hundreds more.

The violence followed explosions in Kabul on Oct. 9 that Afghan authorities blamed on Pakistan. A Qatar-mediated ceasefire has largely held since October, although there have been limited border clashes. The two sides failed to reach an overall agreement in November despite three rounds of peace talks.

Asif Durrani, Pakistan’s former special representative for Afghanistan, said the Taliban government’s decision to skip the meeting reflected a “lack of political maturity.” 

Writing on X, Durrani said the move reinforced concerns that the Taliban were unwilling to negotiate, instead adopting an “I don’t accept” stance that he said would do little to resolve serious regional problems.

Mohammad Sadiq, the current Pakistani special representative for Afghanistan who attended the talks, wrote on X that the Afghan people had already suffered enough and deserved better.

Only an Afghanistan that does not harbor militants would inspire confidence among neighboring and regional countries to engage meaningfully with Kabul and help unlock the country’s economic and connectivity potential, he wrote.

Participants agreed to hold the next meeting of foreign ministers of Afghanistan’s neighboring countries as soon as possible in Ashgabat, Turkmenistan, and welcomed Pakistan’s offer to host the next round of special envoys’ talks in Islamabad in March.

Iran’s foreign ministry spokesman, Esmail Baghaei, on Sunday said that the meeting had not been held for about two years and marked the first such gathering attended by special envoys on Afghanistan from neighboring countries as well as Russia. Russia and Uzbekistan sent the special envoys of their presidents, while Pakistan was represented by a delegate from the prime minister’s office.

Landlocked Afghanistan is sandwiched between the Middle East, Central Asia, and South Asia, making it strategically located for energy-rich and energy-hungry nations.