Pakistan’s Finance Minister, Muhammad Aurangzeb, met with Saudi Arabia’s Investment Minister, Khalid Al-Falih, on the sidelines of the World Economic Forum (WEF) in Davos, to review ongoing projects and explore ways to deepen economic and investment cooperation between the two countries.
The high-level meeting took stock of ongoing cooperation and reviewed progress on existing and planned projects across various sectors, read a statement on Thursday.
The Saudi minister appreciated Pakistan’s importance and potential, particularly its natural resources, strategic location, and emerging opportunities for investment.
Both ministers noted that technical teams from the two countries were already working closely to advance shared priorities and ensure productive outcomes from upcoming engagements. They emphasised the importance of continued coordination to deepen cooperation.
Both sides reiterated their strong resolve to expand bilateral collaboration by working closely together, strengthening institutional linkages, and maintaining regular high-level contacts. They agreed that sustained engagement and mutual understanding would help translate shared objectives into concrete and mutually beneficial initiatives, read the statement.
Both ministers expressed confidence that a closer partnership and continued dialogue would further strengthen economic and investment ties between Pakistan and the Kingdom of Saudi Arabia.
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