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‘Saudi investment highlights trust in Pakistan’s economy’: Sadiq Sanjrani

‘Saudi investment highlights trust in Pakistan’s economy’: Sadiq Sanjrani

ISLAMABAD: Saudi investment in different sectors depicts the trust of Saudi Arabia’s leadership and investors in Pakistan’s economy, said Senate Chairman Muhammad Sadiq Sanjrani.

During a meeting with Saudi Arabia Ambassador Nawaf bin Said Al-Malki on Friday, he pointed out that trade, economic and investment ties would help lift bilateral cooperation to new heights in the days to come.

Sanjrani expressed hope that the upcoming visit of Saudi Crown Prince Muhammad bin Salman would further cement and deepen bilateral ties into broad-based multi-sectoral and comprehensive partnership.

Recalling his recent visit to Saudi Arabia, he revealed that fruitful discussions were held with Saudi leadership and emphasised the need for further promotion of parliamentary and institutional linkages between the two nations. During the meeting, Sanjrani extended an invitation to Saudi Shoura Council President Dr Abdullah Muhammad Ibrahim Al Sheikh.

He disclosed that the Senate of Pakistan had an active Pakistan-Saudi Arabia Friendship Group aimed at promoting enhanced inter-parliamentary linkages. The chairman was of the view that both sides shared ideological and political commonality on different issues.

“Institutional cooperation between the two countries on multilateral parliamentary forums like Asian Parliamentary Assembly and Inter Parliamentary Union will augur well for both countries,” Sanjrani commented. Saudi crown prince to arrive in Pakistan on Feb 16: sources

Stressing that regional growth and prosperity was a shared objective, he emphasised the need to make collective efforts for giving peace a chance to flourish and push forward an agenda aimed at regional development.

The Saudi ambassador said Pakistan was an important country in the region and both countries have enjoyed fraternal ties over the years. He underscored the need to further expand bilateral cooperation in various sectors and assured his cooperation in this regard.