ISLAMABAD: Pakistan’s new Foreign Office spokesperson Tahir Andrabi on Friday said Prime Minister Shehbaz Sharif’s upcoming visit to Saudi Arabia next week will focus on boosting economic investment, finalizing existing projects and setting a roadmap for future cooperation.
Sharif will visit Riyadh from Oct. 27-30 to attend the ninth Future Investment Initiative (FII) conference launched in 2017 by Saudi Arabia’s Public Investment Fund under Vision 2030.
The forum brings together global leaders, investors and innovators to explore investment opportunities and advance technologies such as artificial intelligence, robotics and green finance.
Pakistan and Saudi Arabia have long enjoyed close ties but have sought to broaden cooperation in recent years, including a defense pact signed in Riyadh during the prime minister’s visit on Sept. 18 and 34 memorandums of understanding worth $2.8 billion across multiple sectors last year.
“Saudi Arabia’s visit has a significant economic investment component,” Andrabi said at his debut media briefing.
