Pakistan-Saudi Arabia Relations Get $2.8 Billion Boost
Saudi Arabia pledges $2.8 billion investment in Pakistan, strengthening historic ties. PM Shehbaz highlights shared Islamic values and economic cooperation.
Prime Minister Shehbaz Sharif has expressed satisfaction with the progress on recently signed Memorandums of Understanding (MoUs) for Saudi investments in Pakistan, amounting to $2.8 billion.
This significant step highlights the enduring and historic ties between the two nations, established since Pakistan's independence in 1947.
The bilateral relationship was a key focus during a courtesy visit by Saudi Arabia's Deputy Interior Minister to the Prime Minister. PM Shehbaz Sharif conveyed gratitude to Saudi leadership for their steadfast support, reiterating the shared vision of enhancing economic and investment cooperation.
Pakistan and Saudi Arabia's close bond, often described as "fraternal," is deeply rooted in shared Islamic values and cultural connections.
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