Pakistan and Saudi Arabia Sign MoUs Worth $2.2 Billion Across Key Sectors


 In a significant step towards strengthening bilateral ties, Pakistan and Saudi Arabia have signed 27 Memorandums of Understanding (MoUs) worth $2.2 billion across multiple sectors, including industry, agriculture, information technology, and health. The MoUs were signed in the presence of Pakistan Prime Minister Shehbaz Sharif, Saudi Investment Minister Khalid Bin Abdul Aziz Al Falih, and Pakistan's Chief of Army Staff, Lt General Syed Asim Munir.

PM Shehbaz Sharif hailed the agreements as a testament to the strong relationship between the two nations and expressed confidence that these MoUs would soon transform into formal agreements. He also assured that the government is committed to ensuring swift implementation, free from bureaucratic delays.

These MoUs reflect a shared vision for economic growth and collaboration between Pakistan and Saudi Arabia. The agreements cover a wide range of industries, including education, petroleum, energy, and mining, promising substantial future opportunities for both nations.

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