Prime Minister Shehbaz Sharif obtained investment promises during a busy weekend in Saudi Arabia. His hosts in Riyadh praised his proactive approach.
While attending a World Economic Forum meeting, the premier engaged in separate discussions with key Saudi officials, including Crown Prince Mohammed Bin Salman and several ministers. Their talks covered various investment opportunities.
The Saudi crown prince hosted a gala dinner, where PM Sharif expressed gratitude for Saudi Arabia’s engagement with Pakistan. He highlighted the visit of a Saudi delegation to Pakistan, which underscored the bilateral commitment to enhance cooperation.
In subsequent conversations, PM Sharif brought a delegation to discuss ongoing collaborations. Saudi Investment Minister Khalid Al-Falih commended Sharif’s dynamic leadership. Finance Minister Mohammad Al Jadaan announced upcoming visits by Saudi investors to Pakistan, emphasizing the country’s focus on sectors like agriculture and energy.
The industry-related discussions also indicated a strong interest from Saudi businesses in sectors such as agriculture and mining. The industry minister confirmed ongoing talks with Saudi private sector representatives who plan to explore opportunities in Pakistan.
PM Sharif met with IMF Managing Director Kristalina Georgieva on the international finance front. They discussed Pakistan’s economic challenges and the structural reforms needed. Sharif appreciated the IMF’s support, particularly the $3 billion arrangement aiding Pakistan’s economy.
Georgieva tweeted about the constructive nature of their discussion, pointing to policy reforms that would benefit Pakistan’s growth and stability.
Additionally, PM Sharif met with the emir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah. They explored ways to deepen economic ties between their countries, building on recent trade and investment agreements.
At a global health session, Sharif addressed inequalities in healthcare and advocated for a more equitable distribution of resources between developed and developing nations.
