NEW YORK: Pakistan and Saudi Arabia have reaffirmed their commitment to expanding economic cooperation, with a focus on trade, investment, and commercial collaboration.
The pledge was made during a meeting between Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar and Saudi Vice Minister of Foreign Affairs Waleed Abdul Karim El-Khereiji in New York, Radio Pakistan reported on Wednesday.
Both sides noted the vast investment opportunities available in Pakistan. They reaffirmed the shared commitment to deepening their multifaceted partnership for mutual prosperity and regional stability.
Ishaq Dar lauded the long-standing Pakistan-Saudi Arabia ties and reaffirmed Pakistan’s unwavering commitment to further strengthening bilateral economic and security cooperation with the Kingdom.
He praised the remarkable progress made by Saudi Arabia under the visionary Saudi leadership and acknowledged the Kingdom’s pivotal role in promoting regional and global peace and security.
The two leaders also addressed recent developments in the Middle East, focusing on the severe humanitarian crisis in Gaza and the West Bank.
They emphasised the need for the full implementation of the Gaza ceasefire, the delivery of sufficient and unhindered humanitarian aid to the people of Gaza, and the swift initiation of reconstruction efforts, along with progress towards a two-state solution.
Deputy Prime Minister & Foreign Minister Senator Mohammad Ishaq Dar @MIshaqDar50 met Saudi Vice Foreign Minister Eng. WaleedEl-Khereiji in New York. They reaffirmed their commitment to strengthening economic and security cooperation, and enhancing Saudi investment in Pakistan.… pic.twitter.com/m0QmThJe7Y
— Ministry of Foreign Affairs – Pakistan (@ForeignOfficePk) February 19, 2025
Additionally, they highlighted the vital role of the Organisation of Islamic Cooperation (OIC) in tackling issues affecting the Muslim Ummah.
Pakistan and Saudi Arabia are close regional partners and economic allies, and both countries signed 34 agreements worth $2.8 billion in October last year. Saudi Arabia is home to over 2 million Pakistani expatriates, serving as the top destination for remittances for the cash-strapped South Asian country.
Recently Pakistan’s Finance Minister Muhammad Aurangzeb attended the Emerging Markets Conference in historical Alula city of Saudi Arabia.
