Pakistan and Saudi Arabia have discussed expanding investment in agriculture, minerals and mining, as Islamabad seeks to build on recent macroeconomic improvements and attract investment-led growth.
Federal Minister for Finance and Revenue Muhammad Aurangzeb met Saudi Ambassador Dr. Rajeh Tami Albugamy at the Finance Division on Thursday to discuss bilateral economic cooperation, trade, investment and shared priorities.
Aurangzeb highlighted Pakistan’s progress in restoring macroeconomic stability, including improvements in foreign exchange reserves and inflation, as well as recent upgrades by international credit-rating agencies.
He also pointed to Pakistan’s return to international capital markets through a recent $3 billion Eurobond issuance and its access to China’s capital market.
The finance minister said Pakistan aimed to build on these gains to strengthen investor confidence and support sustainable, investment-led growth.
Pakistan, Saudi Arabia Discuss Investment Opportunities
The two sides discussed opportunities for cooperation in agriculture, minerals and mining, along with other sectors with investment potential.
They emphasized the need to translate shared priorities into tangible outcomes and strengthen commercial engagement between the two countries.
Aurangzeb reaffirmed Pakistan’s commitment to structural reforms and maintaining a stable, predictable investment environment to support domestic and foreign investment.
The Saudi ambassador highlighted the longstanding relationship between the two countries, rooted in shared faith, history, mutual trust and respect.
He said stronger business-to-business engagement could deepen people-to-people ties and create mutually beneficial economic opportunities.
Regional Stability and Trade Connectivity
The meeting also included an exchange of views on the prevailing regional situation and ongoing conflict. Both sides emphasized the importance of peace, stability and continued cooperation to address emerging challenges and protect regional economic prospects.
The meeting reaffirmed Pakistan and Saudi Arabia’s commitment to strengthening their strategic partnership and expanding cooperation in trade and investment. Both sides emphasized continued engagement to advance shared economic priorities.
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