In a significant diplomatic meeting held in Riyadh on Monday, Pakistan’s Prime Minister Muhammad Shehbaz Sharif and Saudi Arabia’s Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud unveiled a comprehensive economic cooperation framework aimed at bolstering bilateral relations. The framework, rooted in shared economic interests, seeks to enhance trade, investment, and development ties between the two nations. Key sectors identified for collaboration include energy, industry, mining, information technology, tourism, agriculture, and food security. A joint statement highlighted the mutual commitment to fostering private sector involvement and increasing trade exchange in these priority areas. Among the initiatives under discussion is an electrical interconnection project, which is expected to be formalized through a memorandum of understanding (MoU). Additionally, the two countries are exploring further cooperation in the energy sector. This framework builds on longstanding fraternal relations and aligns with the leaders’ shared vision of establishing a sustainable partnership. The meeting also set the stage for an upcoming session of the Saudi-Pakistani Supreme Coordination Council, underscoring the depth of their strategic alliance.
Pakistan PM, Saudi Crown Prince meet in Riyadh, discuss electrical interconnection project
