Shehbaz to visit Riyadh for ‘One Water Summit’
Prime Minister Shehbaz Sharif on Monday expressed his satisfaction with the progress in cooperation and investment projects between Pakistan and Saudi Arabia, hailing the longstanding friendship between the two nations.
Chairing a review meeting, the prime minister highlighted that Pakistan’s collaboration with Saudi Arabia continued to grow across various sectors, underscoring the strategic partnership between the two countries.
“Saudi Arabia has been a reliable partner in Pakistan’s challenging times, and we are committed to deepening this cooperation,” Prime Minister Shehbaz said.
The meeting also included a briefing on the remarkable progress of bilateral investments.
The meeting was briefed about the progress on bilateral cooperation in various fields in the second meeting of the Pakistan Saudi Arabia Joint Task Force held in November.
It was informed that within a short span of time, both the countries had signed of 34 memorandums of understanding, seven of which have already been formalized into agreements. These agreements, valued at $560 million.
Meanwhile, Prime Minister Shehbaz Sharif is due to visit Riyadh from December 3 to attend the “One Water Summit”, according to a statement issued by the Foreign Office on Monday.
The statement said PM Shehbaz would deliver the keynote address at a roundtable meeting on restoring, preserving, and adapting freshwater resources and wetlands. “He will also highlight steps being taken by Pakistan to promote water conservation, strengthen climate resilience, improve water quality, create livelihoods and conserve biodiversity,” it added.
