Pakistan’s Sharif to visit Saudi Arabia on Oct. 26 for Future Investment Initiative conference 

A handout picture provided by the Saudi Press Agency (SPA) on September 17, 2025, shows Saudi Arabia's Crown Prince Mohammed bin Salman (R) welcoming Pakistan's Prime Minister Shehbaz Sharif ahead of their meeting in Riyadh. (AFP/ file)
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Updated 20 October 2025
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Pakistan’s Sharif to visit Saudi Arabia on Oct. 26 for Future Investment Initiative conference 

  • Global conference brings together world leaders, policymakers and investors to explore investment opportunities
  • Shehbaz Sharif to hold talks with Saudi Crown Prince Mohammed bin Salman during four-day trip, says source

Islamabad: Prime Minister Shehbaz Sharif will visit Saudi Arabia on Oct. 26, his office confirmed on Monday, while a source with direct knowledge of the trip confirmed the premier will attend the annual Future Investment Initiative (FII) conference in Riyadh and hold talks with the Saudi leadership. 

The ninth edition of the FII is scheduled to be held from Oct. 27 to Oct. 30 in Riyadh. The unitive was launched in October 2017 by Saudi Arabia’s Public Investment Fund in conjunction with its Vision 2030 economic reform strategy. 

The annual conference brings together global leaders, policymakers, investors, entrepreneurs and innovators to explore future investment opportunities, stimulate innovation and advance emerging technologies such as artificial intelligence, robotics, green finance and to help shape the future of the global economy. 

“Yes, the PM is visiting Saudi Arabia on Oct. 26,” the Prime Minister’s Office told Arab News when asked about Sharif’s visit to the Kingdom. It did not provide further details of the visit. 

However, a source with direct knowledge of the prime minister’s visit confirmed that Sharif will attend the FII conference and hold bilateral talks with the Saudi leadership, including Crown Prince Mohammed bin Salman, during the four-day trip to the Kingdom. 

Sharif visited Saudi Arabia last month where he met the Saudi crown prince and signed a landmark strategic defense deal with the Kingdom. The pact stipulates that any act of aggression against one country will be considered an attack against both, underscoring their deep strategic partnership. 

It encompasses a comprehensive framework for defense cooperation, including joint military training, intelligence sharing, collaborative exercises, and technology exchange, reflecting the growing trust and alignment between the two nations. 

Saudi Arabia remains a key economic and strategic partner for Pakistan. In October last year, the two countries signed 34 agreements and memoranda of understanding worth $2.8 billion. The MoUs were aimed at boosting private sector collaboration and commercial partnerships between the brotherly nations. 

Riyadh has also extended vital support to Pakistan in the past when the South Asian country grappled with economic crises, providing it crucial external financing and assistance necessary for the International Monetary Fund’s (IMF) loan programs.

Saudi Arabia is also home for over 2.5 million Pakistani expatriates, serving as the largest source of foreign remittances for Islamabad. These remittances serve as a key lifeline for Islamabad’s fragile $350 billion economy.


Pakistan offers Kyrgyzstan Arabian Sea access as two states sign 15 cooperation accords

Updated 05 December 2025
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Pakistan offers Kyrgyzstan Arabian Sea access as two states sign 15 cooperation accords

  • Pakistan and Kyrgyzstan sign MOUs spanning trade, energy, agriculture, ports, education, security cooperation
  • Kyrgyz president is on first visit to Pakistan in 20 years as both sides push connectivity and CASA-1000 power links

ISLAMABAD: Pakistan on Thursday offered Kyrgyzstan the shortest and most economical route to the Arabian Sea as the two countries signed 15 agreements and memoranda of understanding aimed at boosting cooperation across trade, energy, agriculture, education, customs data-sharing and port logistics.

The accords were signed during a visit to Islamabad by President Sadyr Zhaparov, the first by a Kyrgyz head of state to Pakistan in two decades, and part of Islamabad’s renewed push to link South Asia with landlocked Central Asian economies through ports, power corridors and transport routes.

For Pakistan, Kyrgyzstan offers access to hydropower through CASA-1000, a $1.2 billion regional electricity transmission project designed to carry surplus summer electricity from Kyrgyzstan and Tajikistan through Afghanistan into Pakistan. For Bishkek, Pakistan provides overland access to warm-water ports on the Arabian Sea, creating a shorter commercial route to global markets.

“President Asif Ali Zardari has reiterated Pakistan’s readiness to offer Kyrgyzstan the shortest and most economical route to the Arabian Sea,” Radio Pakistan reported after Zhaparov met the Pakistani president. 

The two leaders also discussed expanding direct flights to deepen business, tourism and people-to-people ties.

Zardari welcomed Kyrgyzstan’s completion of its segment of the CASA-1000 project and “reaffirmed Pakistan’s commitment to completing its part of the project, which is now at an advanced stage,” the state broadcaster said. 

Zhaparov thanked Islamabad for supporting Bishkek’s candidacy for a non-permanent UN Security Council seat and invited Zardari to visit Kyrgyzstan at a time of his convenience. Both sides expressed satisfaction with progress under the Quadrilateral Traffic in Transit Agreement, designed to facilitate road movement between Pakistan, Kyrgyzstan, Kazakhstan and China.

Earlier, both governments exchanged 15 sectoral cooperation documents covering commerce, mining, geosciences, power, agriculture, youth programs, the exchange of convicted persons, customs electronic data systems and a sister-city linkage between Islamabad and Bishkek.

According to APP, the MOUs were signed by ministers representing foreign affairs, commerce, economy, energy, power, railways, interior, culture, health and tourism. Agreements also covered cooperation between Pakistan’s Foreign Service Academy and the Diplomatic Academy of Kyrgyzstan, as well as collaboration between universities, youth ministries and cultural institutions.

“Our present mutual trade, comprising of about $15–16 million will be enhanced to $200 million in the next two years,” Prime Minister Shehbaz Sharif said after the agreements were signed, calling them “a framework for structured, result-oriented engagement and closer institutional linkages.”

Sharif said Pakistan was ready to serve as a maritime outlet for the landlocked Central Asian republic, offering access to Karachi, Port Qasim and Gwadar to help Kyrgyz goods reach regional and global markets.