Pakistan, Saudi Arabia agree to enhance bilateral economic, trade ties
Published On
Nawaf Saeed A. Al Malkiy called on Omar Ayub Khan.
ISLAMABAD (APP) – Saudi Arabia and Pakistan agreed to enhance bilateral economic trade ties in different potential sectors. Ambassador of the Kingdom of Saudi Arabia in Pakistan Nawaf Saeed A. Al Malkiy called on the Federal Minister for Economic Affairs Omar Ayub Khan in his office.
The two sides reaffirmed the resolve to further cement and strengthen the bilateral socioeconomic, commercial, cultural and diplomatic relations, said a press release issued by Ministry of Economic Affairs here.
During the meeting, the two sides discussed in detail the level of ongoing bilateral economic cooperation and agreed to further enhance the existing level of cooperation to mutual benefit of the two countries.
Government ministries must be prepared to make spending cuts to the tune of â¬60 million next year, finance minister Keit Pentus-Rosimannus (Reform) says.
Pentus-Rosimannus comments follow state budget strategy discussions which have been going on this week, involving the two coalition parties, Center and Reform, who have not been seeing eye-to-eye on all aspects of the negotiations.
The finance minister told daily Postimees that: We had a difficult partner at the negotiations, who very clearly stood for its own cause, and did so very strongly. I believe that ultimately a good compromise is one where nobody leaves rejoicing, and that s how things have been with the state budget strategy too, she said.
Pakistan and Saudi Arabia Agree to Improve Economic Relations
The Ambassador of the Kingdom of Saudi Arabia in Pakistan, His Excellency, Nawaf Saeed A. Al Malkiy called on the Federal Minister for Economic Affairs, Omar Ayub Khan, at his office.
The Saudi Ambassador congratulated Minister Khan on his assumption of the new portfolio of the Ministry of Economic Affairs. The two sides discussed the level of ongoing bilateral economic cooperation in detail, and agreed to enhance the existing level of cooperation to mutually benefit the two countries.
The Saudi Ambassador said that the Saudi side is ready to play a much stronger role in the economic development of Pakistan.
О встрече Посла Беларуси А Метелицы c Федеральным секретарем Министерства по экономическим вопросам Пакистана - Министерство иностранных дел Республики Беларусь mfa.gov.by - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mfa.gov.by Daily Mail and Mail on Sunday newspapers.