Pakistan and Saudi Arabia on Tuesday launched the Economic Cooperation Framework, which is based on their shared economic interests and reaffirms their desire to strengthen trade and investment relations, according to a statement from the Foreign Office (FO).
The decision to launch the framework was taken during a meeting between Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman.
“As part of the framework, several strategic and high-impact projects will be discussed in the economic, trade, investment and development fields that will contribute to strengthening cooperation between the two governments, enhancing the pivotal role of the private sector, and increasing trade exchange between the two countries,” the statement read.
More to follow
