Saudi FM leads high-level team to Pakistan visit
By News Desk
April 15, 2024 11:34 AM
A high-level Saudi delegation, led by Foreign Minister Prince Faisal bin Farhan bin Abdullah, will visit Pakistan from today, reported 24NewsHD TV channel on Monday.
The delegation consists of Saudi Minister of Water and Agriculture Eng Abdul Rahman Abdul Mohsen Al-Fadley, Minister of Industry and Mineral Resources Bandar Ibrahim AlKhorayef, Deputy Minister of Investment Badr AlBadr, Head of Saudi Special Committee Mohammad Mazyed Al Towaijri, and senior officials from Ministry of Energy and Saudi Fund for General Investments, said a statement issued by the Foreign Office in Islamabad.
The Saudi delegation will determine a roadmap for $5 billion investment in difference Pakistani sectors including Reko Diq project.
The two-day visit takes place essentially to expedite follow-up on the understanding reached between Prime Minister Shehbaz Sharif and HRH Mohammad bin Salman, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia during their recent meeting in Makkah Al Mukarramah to enhance bilateral economic cooperation between Pakistan and Saudi Arabia.
The Saudi delegation is expected to hold meetings with the President, the Prime Minister, the Foreign Minister and counterpart ministers, chief of the army staff, Apex Committee of SIFC.
This visit is aimed at lending positive impetus to enhanced bilateral cooperation and mutually rewarding economic partnership.