President Mamnoon Hussain Wednesday stressed the need of enhancing the trade volume between Pakistan and Saudi Arabia, which was below its true potential.
The president said this while talking to a delegation of Pak-Saudi Arabia Joint Ministerial Commission headed by Minister for Commerce and Investment Dr Majid Bin Al-Qasabi who called on him here at the Aiwan-e-Sadr.
He underscored that there should be regular exchange of meetings between the investors and businessmen of the both countries. It will open up new avenues of investment and will further boost the relations between the two countries, he added.
Minister for Commerce Mohammad Pervaiz Malik, Minister for Defence Engr Khurram Dastgir Khan, Minister of State for Finance and Economic Affairs Rana Muhammad Afzal Khan, Ambassador of Saudi Arabia Commodore Nawaf Saeed Ahmed Al-Malki, members of the delegation and senior officials were also present in the meeting.
This high level delegation was visiting Pakistan to participate in the 11th session of Pak-Saudi Arabia Joint Ministerial Commission.
The president said Saudi Arabia was our true friend and brotherly country while every Pakistani considered Saudi Arabia as his second home.
Both countries were connected with each other through religious, cultural and economic linkages which provided fresh impetus to their relations, he added.
He emphasized that Pak-Saudi Arabia relations were of special importance and there was a great atmosphere of trust and love between the two countries which was an example for the world.
He underlined that the two countries were cooperating in various fields while continued efforts were required to further enhance those ties.
The president said Saudi vision 2030 was of great significance and it would play an important role in further strengthening the economy of Saudi Arabia.
He pointed out that Pakistan was one of the best countries in terms of investment opportunities and Saudi investor could benefit from the investment opportunities in the fields of energy, construction and agriculture.
He recalled his recent visit to Saudi Arabia and meeting with King Salman bin Abdul Aziz in which important matters of bilateral interest were discussed.
The president pointed out that Saudi Arabia was home to 2.6 million Pakistanis who considered the Kingdom as their second home.
He said those Pakistanis had substantially contributed to the socio-economic development of Saudi Arabia and acted as a strong human bridge between the two countries.
He thanked King Salman bin Abdul Aziz for taking good care of the Pakistani community.
Minister for Commerce and Investment of Saudi Arabia Dr Majid Bin Al-Qasabi apprised the president that important decisions were made during the Joint Ministerial Commission’s meeting, which would have a far reaching impact.

Source: APP