Pakistan PM, Kuwaiti emir discuss transformation of bilateral ties into economic partnership

Pakistan Prime Minister Shehbaz Sharif meets Emir of Kuwait Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah on the sidelines of a special meeting of the World Economic Forum in Riyadh on April 28, 2024. (Photo courtesy: PMO)
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Updated 28 April 2024
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Pakistan PM, Kuwaiti emir discuss transformation of bilateral ties into economic partnership

  • The meeting came on the sidelines of a two-day World Economic Forum summit in Riyadh
  • PM Shehbaz Sharif assured of efficient implementation of Pakistan-Kuwait deals signed in Nov.

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Sunday met with Emir of Kuwait Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah in Riyadh and discussed with him transformation of Pakistan-Kuwait ties into an economic partnership, Sharif’s office said.
The meeting came on the sidelines of a two-day World Economic Forum (WEF) summit on global collaboration, growth and energy on April 28-29.
PM Sharif thanked Sheikh Mishal for his congratulatory letter upon his re-election and congratulated him on assuming the role of the emir of Kuwait.
“The Prime Minister expressed his desire to work closely with His Highness to transform bilateral ties into a mutually beneficial economic partnership that would serve the best interests of the peoples of both countries,” Sharif’s office said in a statement.
The development came months after Pakistan and Kuwait signed several trade and investment agreements worth $10 billion during the visit of caretaker Pakistan PM Anwaar-ul-Haq Kakar to the Gulf country.
Besides these agreements, the two countries had signed three memorandums of understanding (MoUs) in the fields of culture, environment and sustainable development.
Pakistan’s army chief, General Asim Munir, had also accompanied the caretaker prime minister on the Kuwait visit in November, which was part of the Pakistani leadership’s ambitious plan to attract investment from the Middle East amid an economic slowdown at home.
“The Prime Minister assured the Kuwaiti leadership that these MoUs and agreements would be implemented in an efficient and timely manner,” the statement added.
“In addition to bilateral ties, the regional situation, particularly with regards to the crisis in Gaza, was also discussed.”


Putin calls Russia’s ties with Pakistan ‘mutually beneficial’

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Putin calls Russia’s ties with Pakistan ‘mutually beneficial’

  • The Russian President mentions the ties as Pakistan’s new envoy presents his credentials in Moscow
  • Pakistan and Russia have strengthened relations in recent years, expanding cooperation in key sectors

ISLAMABAD: Russian President Vladimir Putin has described relations with Pakistan as “mutually beneficial,” according to a social media post by his country’s embassy in Pakistan on Friday, as he met newly appointed Pakistani ambassador Faisal Niaz Tirmizi during a credentials ceremony in Moscow.

Pakistan and Russia have steadily strengthened bilateral ties in recent years while working to further expand cooperation in trade, investment, energy and connectivity.

“We maintain close cooperation with Pakistan, a full member of the Shanghai Cooperation Organization, the largest regional organization in terms of economic, technological, and human potential,” Putin was quoted as saying in a post on X. “Russia

Pakistan relations are genuinely mutually beneficial.”

In recent years, Pakistan and Russia have pledged to deepen economic ties, explore barter trade and energy deals, and boost people-to-people contacts. High-level visits have also taken place between officials of both countries, highlighting interest in expanding cooperation in technology, agriculture and transport.

Last December, Pakistan Finance Minister Muhammad Aurangzeb said Russia and Pakistan were in talks on a potential oil-sector agreement.

Earlier, in May, Pakistan and Russia agreed to establish a steel mill in Karachi, aiming to boost bilateral ties and expand industrial collaboration.

The two countries are also working on the Pakistan Stream Gas Pipeline, a major infrastructure project aimed at transporting imported gas from Karachi to Punjab to help meet Pakistan’s energy needs.

In 2023, Pakistan and Russia also discussed a deal for the delivery of Russian crude to Pakistan, and talks have continued on broader energy partnerships.