Islamabad: A high-level Saudi trade delegation is scheduled to arrive in Pakistan on Sunday to explore investment opportunities in various sectors.
Minister for Petroleum Musadiq Malik said that a 50-member delegation includes representatives of about 35 companies in the Kingdom representing various economic sectors.
The minister said about 76 Pakistani business companies have been shortlisted in this regard, adding that cooperation between Islamabad and Riyadh will be increased at the government and private levels.
The ministry had selected a large number of Pakistani companies in the respective sectors whose officials would have business-to-business meetings with their Saudi counterparts, and would hopefully enter into business and investment deals, he added.
The delegation’s arrival in Pakistan is followed by Prime Minister Shehbaz Sharif's visit to Saudi Arabia to attend the World Economic Forum’s Special Meeting on Global Collaboration, Growth and Energy.
During his visit, the premier also met Saudi Crown Prince Mohammed bin Salman to discuss cooperation in various sectors and also held a meeting with Saudi Minister of Commerce Dr Majid bin Abdullah Al-Qasabi.