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Saudi Arabia keen to strengthen trade relations with Pakistan: Fahad Al Bash

ISLAMABAD: Head of Saudi Business Delegation Eng. Fahad Al Bash here on Monday said that his country was keen to further strengthen trade relations with Pakistan as both states have huge potential to promote bilateral trade in many sectors.

He said a number of Pakistani products including value-added textile, surgical instruments, sports goods, food, Insurance & IT services and entertainment products could find good market in Saudi Arabia and it should focus on importing these products from Pakistan.

In an interview, he said “I want to express my heartfelt thanks to Prime Minister Imran Khan for his warm hospitality and want to thank the business community for welcoming us in the spirit of friendship. This trip will strengthen ties between our two countries as Saudi Arabia playing vital role for the growth of oil industry in Pakistan.”

He said both countries were enjoying unique and special relationship, expressing the hope that this trip to this brotherly country would further strengthen these ties.

“We’re proud of our deep-rooted ties with Pakistan”, he added.

“The Crown Prince Muhammad Bin Salman’s visit in Pakistan will help materialize numerous investment projects in Pakistan,” he said.

The delegate further highlighted, Saudi Arabia’s investment in Pakistan would reinforce investment from all over the world and with Saudi investment Pakistan will resume the trust of business communities in the world.

“We believed Pakistan is going to be a very important country in coming future and we want to be sure we are a part of it,” he added.

He said Saudis are keen to invest in Pakistan’s energy sector, particularly in renewable energy as there is huge investment opportunity for production of cheap energy to fulfill the growing local demand.

 

 

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.