RIYADH: Prime Minister Shehbaz Sharif and Crown Prince and Prime Minister of Saudi Arabia Mohammed bin Salman Al-Saud have agreed to cement bilateral ties in business and investment sectors.

    According to details, the prime minister held bilateral meeting with Saudi Crown Prince and Prime Minister Mohammed bin Salman Al-Saud in Riyadh during his two-day official visit.

     During the meeting, matters pertaining to bilateral cooperation and regional security situation came under discussion. The two sides agreed to further promote bilateral cooperation in business and investment sectors. Minister for Information and Broadcasting Marriyum Aurangzeb, Minister of State for Foreign Affairs Hina Rabbani Khar, Federal Minister for Defense Khawaja Muhammad Asif, and Federal Minister for Finance Ishaq Dar were also present in the meeting.

Meanwhile, addressing Future Investment Initiative Summit here, he said Pakistan is ready to reach out to potential investors to grab future for its coming generations. He said technology has transformed every sector and it can cut through social, cultural and financial barriers and empower those who are equipped to leverage it. He said young women and men are crafting their careers through means of modern technology. Prime Minister also proposed Future Investment Initiative to establish a satellite centre in one of Pakistan’s leading universities to explore rapidly growing Pakistani market and spur innovation. He said satellite could become a centre of a network of researchers, innovators, investors and service providers to harness capacities that, if optimized, would take Pakistan to a high level of social and economic development.

Shehbaz Sharif further said that through information technology, e-commerce and innovation, we can overcome all challenges, especially political, economic, social, educational and agricultural as well as climate change. He said there is a dire need for men and women to work together and adopt IT tools for progress, prosperity and happiness.

Published in The Daily National Courier, October, 26 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.