RIYADH: Saudi Arabia and Pakistan have agreed to launch an economic cooperation framework to strengthen trade and investment relations.
Crown Prince Mohammed bin Salman and Prime Minister of Pakistan Shehbaz Sharif made the agreement during a meeting in Riyadh on Monday.
A joint statement said the framework was based on the two countries’ shared economic interests and depth of their historic partnership.
“As part of the framework, several strategic and high-impact projects will be discussed in the economic, trade, investment and development fields,” it said.
These projects will help strengthen cooperation between the two governments, “enhancing the pivotal role of the private sector and increasing trade exchange between the two countries.”
