Investment agreements between Saudi and Pakistani companies have been concluded, Jam Kamal
”
Federal Minister of Commerce Jam Kamal says that many Saudi and Pakistani companies have reached mutual agreements and many Pak-Saudi companies have reached an agreement on investment.
The results of the Pak-Saudi Investment Conference in Islamabad have started to emerge. Federal Trade Minister Jam Kamal said that many Saudi and Pakistani companies have reached agreements with each other and many companies are moving forward with the talks.
Budget 2024-25, IMF support team arrives in Pakistan
The arrival of the delegation of Saudi investors is an important part of the visit of the Crown Prince to Pakistan. Jam Kamal denied reports of leasing out millions of acres of agricultural land in Pakistan to Saudi investors, saying that there is no such thing.
The investment in the agriculture sector will be decided by the investors of both the countries considering their benefits.
The Minister of Commerce said that apart from Arab countries, Pakistan is also increasing the volume of trade with the Commonwealth and Central Asian countries, the positive effects of which will be seen soon on the country’s economy.
”