Pakistan, KSA discuss investment in agriculture, minerals

Pakistan and Saudi Arabia explored investment prospects in agriculture, minerals and mining during talks between Finance Minister Muhammad Aurangzeb and Saudi ambassador Dr Rajeh Tami Albugamy, Business Recorder reported, citing the Finance Division. Both sides said stronger commercial ties should produce practical outcomes, with business-to-business cooperation seen as a way to expand economic links.

Aurangzeb cited improved foreign exchange reserves and inflation, credit-rating upgrades, Pakistan’s $3 billion Eurobond issuance and access to China’s capital market as recent developments supporting investor confidence. The discussions also covered regional stability and Pakistan’s potential role as a trade and transit hub, alongside plans to broaden trade and investment cooperation with Saudi Arabia.