Pakistan-Saudi Arabia Ties Get Further Boost: Economic Cooperation Framework to Be Launched

Pakistan-Saudi Arabia ties get further boost: Economic Cooperation Framework to be launched

Pakistan and Saudi Arabia have agreed to establish an Economic Cooperation Framework to deepen trade and investment ties, aimed at supporting Pakistans struggling economy. The agreement was reached during Prime Minister Shehbaz Sharifs meeting with Saudi Crown Prince Mohammed bin Salman on the sidelines of the Future Investment Initiative summit in Riyadh.

Pakistan, KSA to launch economic cooperation framework

ISLAMABAD/RIYADH  -  Prime Minister Shehbaz Sharif and Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz

Pakistan and Saudi Arabia Launch Economic Framework

Pakistan and Saudi Arabia have agreed to establish an Economic Cooperation Framework to strengthen trade, investment, and development partnerships. The agreement, reached during Prime Minister Shehbaz Sharif’s meeting with Crown Prince Mohammed bin Salman in Riyadh, builds on last month’s defense pact and aims to expand collaboration in key economic sectors.  Read more: Pakistan and Saudi Arabia Advance Digital Cooperation Pakistan and Saudi Ara…

Saudi Arabia Extends $6B Economic Support to Pakistan

Saudi Arabia has announced a $1 billion oil financing facility for Pakistan for FY2025–26. It will also roll over $5 billion in existing deposits, the Ministry of Finance confirmed. This new oil facility will help Pakistan cover energy import needs and ease pressure on foreign reserves. Meanwhile, the $5 billion Saudi deposits, $2 billion maturing in December and $3 billion in June 2026, will remain with the State Bank of Pakistan for another te…

Pakistan, KSA agree to launch Economic Cooperation Framework

ISLAMABAD: Pakistan and the Kingdom of Saudi Arabia (KSA) have agreed to launch an Economic Cooperation Framework (ECF) to strengthen their relationship further in the fields of economics, trade, investment and energy. “This framework is based on the two countries’ shared economic interests and reaffirms their mutual desire to strengthen trade and investment relations to serve their common interests,” said a Pakistan-Saudi Arabia joint statement…