Pakistan, Saudi Arabia Vow to Expand Cooperation in Food Security, Mining

Deputy Prime Minister holds meeting with Saudi Minister of Economy and Planning in New York

Wed Jul 23 2025
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ISLAMABAD: Pakistan and Saudi Arabia have agreed to expand cooperation across key sectors including food security, manufacturing, and mines and minerals, as part of their efforts to strengthen economic and strategic ties.

Deputy Prime Minister and Foreign Minister, Ishaq Dar, held a meeting with Saudi Minister of Economy and Planning, Faisal Fadhil Al-Ibrahim, on the sidelines of high-level events during Pakistan’s Presidency of the UN Security Council, a Foreign Office statement said on Wednesday.

“They reaffirmed the fraternal ties between Pakistan and KSA, and their shared vision for lasting peace, inclusive prosperity, and regional harmony,” it said.

During the meeting, the two sides focused on expanding cooperation across key sectors, including food security, manufacturing, and mines and minerals. They also agreed to advance investments and technical collaboration for the mutual benefit of the two nations.

It is pertinent to mention that last month, Pakistan’s Prime Minister Shehbaz Sharif paid a two-day visit to Saudi Arabia. During the trip, he held bilateral talks with Saudi Crown Prince Mohammed bin Salman and discussed a range of issues, including political, trade, and investment ties, the military standoff with India, and the worsening humanitarian situation in Gaza.

In recent months, the two nations have signed several agreements focused on enhancing bilateral trade and investment.

Saudi Arabia has pledged a $5 billion investment package to help stabilise Pakistan’s economy, according to a statement issued by Pakistan’s Ministry of Information and Broadcasting in April 2024.

Pakistan has a 2.7 million-strong diaspora in Saudi Arabia, which accounts for the highest remittance inflow, a crucial lifeline for the country’s economy.

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