ISLAMABAD: Pakistan’s Minister for Commerce, Jamal Kamal Khan has said that Pakistani firms were well-positioned in order to contribute to and benefit from Saudi Arabia’s Vision 2030, a transformative agenda, leveraging opportunities in IT services, construction, skilled labor, and agriculture.
Pakistan-Saudi Arab Business Forum
Addressing the Pakistan-Saudi Arab Business Forum, he said, Vision 2030 aims to diversify the Kingdom of Saudi Arabia’s economy, expanding into sectors such as renewable energy, tourism, infrastructure, and technology.
He lauded the Kingdom of Saudi Arabia’s visionary leadership in fostering cooperation, especially through Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, Mohammed bin Salman bin Abdulaziz Al Saud’s Vision 2030.
Kamal said that the Ministry of Commerce plans to organize a single-country exhibition in Jeddah, Saudi Arabia in February 2025, providing a platform for Pakistani businesses to engage with the Kingdom of Saudi Arabia’s leading brands and importers.
He warmly welcomed the Saudi Minister for Investment, Khalid bin Abdulaziz Al-Falih, and his delegation to Pakistan, highlighting the potential for enhanced investment and trade cooperation between the two countries.
The Minister said Pakistan’s primary exports to the Kingdom of Saudi Arabia include rice, cereals, textiles, meat, dairy products, footwear, vegetables, fruits, and fish products. With the increasing demand in the Kingdom of Saudi Arabia’s market for quality food products, there is substantial potential to increase exports.
The Minister invited Saudi delegates to attend the upcoming Texpo on textiles in Karachi and the auto market industry Expo in Lahore during in October. He said that as Pakistan and the Kingdom of Saudi Arabia continue to collaborate, the potential for enhanced investment, trade, and economic cooperation is poised to unlock new opportunities for both countries.
