President urges Saudi investors to explore Pakistan’s energy, agriculture sectors


Islamabad—President Mamnoon Hussain on Tuesday urged upon the Saudi investors to invest in Pakistan’s energy, infrastructure and agriculture sectors.
In a meeting with Saudi parliamentary delegation led by Dr. Abdullah Bin Mohammed Bin Ibrahim Al-Sheikh, Chairman of the Shura Council here at the Aiwan-e-Sadr, the President said business friendly environment in the country had encouraged foreign investment.
The President mentioned that the investment-friendly policies included opening up of all sectors of economy for Foreign Direct Investment (FDI), equal treatment of foreign and domestic investments, liberal foreign exchange regime and one-window operation.
Mamnoon Hussain expressed his satisfaction at cooperation of the two countries at the regional and international form and said the relations between the two brotherly countries were deep-rooted in common faith, culture, history and heritage.
“The government and the people of Pakistan hold the Royal Family in high esteem and have highest respect for the Custodian of the two Holy Mosques, King Salman Bin Abdul Aziz Al Saud”, he said.
The President termed the large Pakistani community in Saudi Arabia as a human bridge between the two brotherly countries, and added that they were playing an important role in the development of both Pakistan and Saudi Arabia. President Mamnoon Hussain expressed satisfaction on the level of Pak-Saudi defence cooperation and the training facilities being offered for Muslim countries at the Pakistani defence institutions.—APP

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