Economic development, investment, education: Pakistan, Saudi Arabia agree to enhance cooperation

ISLAMABAD: Ambassador of the Kingdom of Saudi Arabia to Pakistan, Dr. Rajeh Tami Albugami, called on Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal, to discuss ways to further strengthen bilateral cooperation in economic development, investment, education, technology and human resource development.

During the meeting, both sides agreed to deepen cooperation in the field of development planning and explore new avenues of collaboration between the two countries.

Ahsan Iqbal said that Pakistan-Saudi Arabia relations are rooted in shared faith, mutual trust and the deep affection between the peoples of the two countries. He emphasized that translating this historic relationship into sustainable partnerships in trade, investment, knowledge and technology remains a shared priority.

The meeting also discussed strengthening institutional cooperation between Pakistan’s Ministry of Planning, Development and Special Initiatives and Saudi Arabia’s Ministry of Economy and Planning. The Federal Minister underscored the importance of expanding synergies between URAAN Pakistan and Saudi Vision 2030, noting that both national development frameworks offer significant opportunities for economic cooperation, human resource development and greater private-sector engagement.

He said that sharing experiences in development planning and successful policy reforms would help advance the national development priorities of both countries.

“Our endeavour is to build a strong economic partnership on the solid foundations of Pakistan-Saudi Arabia friendship, creating new opportunities for development and prosperity for the people of both countries, particularly their youth,” the Minister said.

Ambassador Dr. Rajeh Tami Albugami reaffirmed the longstanding friendship and mutual trust between Pakistan and Saudi Arabia. He emphasized the importance of strategic alignment, comprehensive planning and sustained institutional engagement to further elevate bilateral relations.

The Ambassador also highlighted opportunities to enhance cooperation in investment, private-sector development, economic affairs and tourism, expressing confidence in further strengthening the partnership between the two brotherly countries.

Copyright Business Recorder, 2026