The arrival of a high-level Saudi trade delegation led by Deputy Investment Minister Ibrahim Almubarak marks a significant stride towards strengthening trade and investment ties with foreign partners. Saudi Arabia’s ties with Pakistan are long-standing, and this visit should be the first of many regional relationship revivals. Despite a mixed history of bilateral investment, this collaboration provides a sense of renewed hope for the economic revival of Pakistan. Both countries plan on exploring trade and investment opportunities in various sectors of society which would bolster economic growth. While both countries can potentially benefit from enhanced cooperation, it is important to ensure that all investment opportunities are properly managed to prioritize sustainable development and inclusive growth.

Source: The Nation May 07, 2024 00:16 UTC