Pakistan, KSA commit to enhanced economic partnership

By MG News | April 17, 2024 at 09:33 AM GMT+05:00

0:00

April 17, 2024 (MLN): Pakistan and the Kingdom of Saudi Arabia (KSA) have reiterated their resolve to build a strong partnership and further promote economic cooperation for the mutual benefit of the two brotherly countries.

This was discussed during a meeting between President Asif Ali Zardari and Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, who called on him, at Aiwan-e-Sadr, on Tuesday.

The Saudi Foreign Minister was accompanied by a high-powered delegation.

Welcoming the delegation, the President said that Pakistan and KSA enjoyed a long-standing and decades-old relationship and Pakistan wanted to transform the existing ties into a long-term strategic and economic partnership.

He highlighted that the Government and the people of Pakistan had the highest regard for the Custodian of the Two Holy Mosques His Majesty King Salman bin Abdulaziz Al Saud and would continue to stand with KSA.

The President said that the prosperity of the Islamic world was linked to the progress of KSA.

He lauded the courageous and visionary leadership of the Crown Prince and Prime Minister of KSA, HRH Muhammad Bin Salman, and the remarkable progress being made under the Vision 2030.

He also thanked the leadership of KSA for its support to Pakistan in difficult times.

The Saudi Foreign Minister said that KSA considered its relations with Pakistan very critical and was committed to building a strong partnership with Pakistan.

He highlighted that both countries enjoyed strong bonds and had helped each other for decades.

He appreciated the contributions of the Pakistani diaspora in the development of KSA.

He also conveyed the greetings of Saudi leadership and underlined the importance of Pakistan for the Kingdom.

The two sides discussed the regional dynamics and recent developments in the Middle East and called for an immediate and unconditional ceasefire and end to the Israeli atrocities in Gaza.

Both sides also exchanged views on issues of bilateral importance and the challenges being faced by the Muslim Ummah.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	133,403.19 324.46M	0.02% 33.04
ALLSHR	83,188.05 1,204.34M	0.13% 106.90
KSE30	40,651.46 104.88M	-0.13% -53.85
KMI30	192,083.92 123.92M	-0.26% -496.76
KMIALLSHR	55,847.70 679.22M	0.02% 11.98
BKTi	36,422.88 17.65M	0.29% 105.71
OGTi	28,437.61 10.77M	-0.37% -105.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,075.00	109,685.00 107,680.00	620.00 0.57%
BRENT CRUDE	70.02	70.68 69.03	0.44 0.63%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.05 2.15%
ROTTERDAM COAL MONTHLY	106.65	106.65 106.25	0.50 0.47%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.18	68.91 67.33	0.25 0.37%
SUGAR #11 WORLD	16.15	16.37 16.10	-0.13 -0.80%