On October 10, 2024, a high-level Saudi investment delegation, led by the Kingdom’s Minister of Investment, Khalid Bin Abdulaziz Al-Falih, met with Pakistan’s Chief of Army Staff (COAS) General Asim Munir in Rawalpindi. This meeting was part of a broader effort to strengthen economic ties between Pakistan and Saudi Arabia, reinforcing the long-standing, brotherly relationship between the two nations.
During the discussions, both sides focused on enhancing cooperation across key sectors, including mining, agriculture, infrastructure, and information technology. General Munir expressed his deep gratitude for Saudi Arabia’s continued support, acknowledging the pivotal role of King Salman and Crown Prince Mohammed bin Salman in fostering this close relationship. He highlighted the Pakistani people’s affection for Saudi Arabia and reassured the delegation of Pakistan’s commitment to fostering strong economic partnerships.
The Saudi delegation’s visit marks a significant milestone, with the potential signing of up to 30 agreements across various sectors, aiming to inject around $2 billion into Pakistan’s economy. This includes investments in construction materials, energy, and petroleum sectors(
Geo News). Additionally, both sides expressed optimism for the promising outcomes that such collaborations would bring to the economic landscape of both nations(
This diplomatic visit comes at a time when Pakistan is seeking to strengthen its economic resilience and diversify foreign investment, highlighting the strategic importance of Saudi investment in achieving these goals.
