News
May 03 , 2024
50-Member Saudi Team Expected on Sunday for Investment Talks
Islamabad: A 50-member business and official delegation from the Kingdom of Saudi Arabia (KSA) is due on Sunday (May 5) to hold business-to-business (B2B) meetings with a focus on trade deals and investment in joint ventures with Pakistani entrepreneurs.
The talks are scheduled for May 6-7 in various sectors of the economy, and some progress is also expected on government-to-business (G2B) and government-to-government (G2G) deals.
Prime Minister Shehbaz Sharif has formed a 16-member steering committee for the upcoming visit of the Saudi business delegation to Pakistan. The petroleum minister has been appointed as the chairman of the committee. The committee has been entrusted with other responsibilities including conducting business meetings and finalizing security arrangements for the Saudi delegation.
According to official sources, the federal ministers of trade, privatization, power, industry. and production have been included in the committee while the Pakistani ambassador to Saudi Arabia, secretary SIFC [Special Investment Facilitation Council], and chief of protocol of the Ministry of Foreign Affairs are also its members. - The News
Courtesy The News
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