FM Faisal lauds SIFC\u2019s efforts to attract investment in country
\nIslamabad
\nSaudi Foreign Minister Prince Faisal bin Farhan Al Saud, who is in Islamabad on a two-day official visit, has reiterated that the kingdom will play its all-out role in the economic development of the country.
\n\u201cWe will keep a follow on the constructive talks held between Pakistan and Saudi Arabia,\u201d the Saudi foreign minister said while addressing a joint presser along with Foreign Minister Ishaq Dar on Tuesday in Islamabad.
\nPrince Faisal said the visit of a high-level Saudi delegation is a result of a meeting between Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed Bin Salman during the former\u2019s visit to the kingdom.
\nHe said the Saudi delegation is visiting Pakistan on the direction of the Saudi crown prince. \u201cThank you very much for your welcome and hospitality in Pakistan,\u201d he added.
\nThe Saudi FM highlighted that there are various avenues to increase investment in Pakistan and added that important work in this regard will be done in the next few months
\n\u201cWe will work together for economic development and security of the region,\u201d he remarked.
\nReplying to various queries, the two sides said reiterated to further build up and convert the strong partnership into strategic partnership and further promote economic cooperation for the mutual benefit of the two brotherly countries.
\nForeign Minister Dar expressed his pleasure at the arrival of high-powered Saudi delegation, terming it as an \u201cimpressive group of dignitaries visiting Pakistan for the first time during his long political career\u201d.
\nSpeaking about the meetings, he said that they had discussed ways and means to transform the cordial cooperation between the two brotherly nations into strategic partnership and enhancement of investment in Pakistan.
\nHe explained that Special Investment Facilitation Council (SIFC) was functioning like one window for fast-tracking foreign investment, adding that Pakistan was committed to strengthening its investment environment.
\nHe expressed the hope that Pakistan would soon become a hub for investment and innovations.
\nHe further expressed the optimism that their detailed briefings had highlighted the extensive opportunities for the Saudi investors in energy, agriculture, minerals and IT sectors.
\nForeign Minister Dar said that they would ensure full support to the Saudi investment and provide conducive environment under the directives of Prime Minister Shehbaz Sharif.
\nSaudi Foreign Minister Prince Faisal expressed his profound appreciation for the warm welcome and hospitality accorded to him and his delegation.
\nThe Saudi FM stressed upon the importance of strategic partnership between the two countries and expressed commitment to strengthening investment in the country.
\nHe said that the delegation was impressed with the proactive and business focused approach of the Pakistani side.
\nThe untapped potential in Pakistan needed to be tapped, he emphasised.
\nPrince Faisal bin Farhan further reaffirmed to continue working closely for economic progress and regional security with historic bilateral cooperation.<\/p>\n","protected":false},"excerpt":{"rendered":"
FM Faisal lauds SIFC\u2019s efforts to attract investment in country Islamabad Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, who is in Islamabad on a two-day official visit, has reiterated that the kingdom will play its all-out role in the economic development of the country. \u201cWe will keep a follow on the constructive talks …<\/p>\n","protected":false},"author":4,"featured_media":63347,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75],"tags":[],"class_list":["post-63399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/63399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=63399"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/63399\/revisions"}],"predecessor-version":[{"id":63405,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/63399\/revisions\/63405"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=63399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=63399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=63399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}