Pakistan-Saudi relations need to be transformed into economic partnership, Ishaq Dar

Transcript

00:00 Foreign Minister Ishaq Darn has said that the bilateral relations between Pakistan and

00:05 Saudi Arabia need to be strengthened in economic partnership.

00:08 In an address to the IFC, he said that there are many opportunities for investment in Pakistan,

00:13 especially in renewable resources.

00:16 "Importantly, our mining sector is marked by untapped potential from Pakistan into a

00:22 hub of economic activity and innovation, creating an attractive environment for global investors,

00:30 particularly our Saudi brothers.

00:33 Investing in Pakistan is not merely a placement of capital.

00:36 It would actually be instrumental towards forging a partnership that promises mutual

00:42 prosperity and progress.

00:44 Your engagement and investment in Pakistan will be handled with the utmost respect and

00:49 an institutionalised commitment from our side, ensuring that together we achieve remarkable

00:56 success.

00:57 I am very confident that we will bring about significant economic growth and lasting benefit

01:02 to people of our both countries, that our cooperation yields prosperity and growth for

01:08 our both nations and the broader region.

01:11 It is through the SIFC platform that we intend to streamline investment processes while ensuring

01:19 rapid decision-making and handling of investments."