السعودية وباكستان تتفقان على إطلاق إطار تعاون اقتصادي بين البلدين

Saudi Arabia and Pakistan have agreed to launch a framework for economic cooperation between the two countries, based on their shared economic interests and reaffirming their mutual desire to enhance trade and investment relations to serve their common interests.

This was stated in a joint statement issued today, the text of which is as follows:

Based on the depth of the historical partnership between the Kingdom of Saudi Arabia and the Islamic Republic of Pakistan, which has lasted for nearly eight decades, and building on the close bonds of brotherhood and Islamic solidarity that unite the leadership of both countries, Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud - may God protect him - and the Prime Minister of the Islamic Republic of Pakistan, Mr. Muhammad Shehbaz Sharif, agreed during their meeting in Riyadh on Monday, 5 Jumada al-Awwal 1447 AH, corresponding to October 27, 2025, to launch a framework for economic cooperation between the Kingdom of Saudi Arabia and the Islamic Republic of Pakistan, based on their shared economic interests and reaffirming their mutual desire to enhance trade and investment relations to serve their common interests.

The framework includes the exploration of several qualitative projects in the economic, commercial, investment, and developmental fields that will contribute to supporting cooperation between the governments of both countries, enhancing the pivotal role of the private sector, and increasing trade exchange between the two countries, particularly in priority sectors including energy, industry, mining, information technology, tourism, agriculture, and food security. Both sides are currently working on studying a number of joint economic projects, including signing a memorandum of understanding for the electricity interconnection project between the Kingdom and Pakistan, in addition to signing a memorandum of understanding for cooperation in the field of energy between the two countries.

This framework comes as an extension of the two countries' efforts to strengthen the bonds of brotherhood between them, and reaffirms their shared vision towards building a sustainable partnership in various economic, commercial, and investment fields that achieves the aspirations of the leaders of both countries and their brotherly peoples, serving their common interests. The leaders of both countries also look forward to holding a meeting of the Saudi-Pakistani Supreme Coordination Council.