Saudi Arabia and Pakistan agreed on a new Economic Cooperation Framework during high‑level talks in Riyadh, where leaders outlined joint plans to expand trade and investment. Alt image text: “Delegations from Saudi Arabia and Pakistan at Riyadh meeting announcing economic cooperation framework.”
The framework lays out a collaborative agenda focused on crucial sectors like energy, industry, mining, information technology, tourism, agriculture, and food security. Officials have described this agreement as a way to pinpoint and promote strategic projects, encourage private-sector involvement, and enhance trade between the two nations.
Among the initiatives on the table are memoranda of understanding aimed at energy cooperation and a proposed electricity interconnection project designed to strengthen regional energy ties. The framework also emphasizes improved coordination through the Saudi-Pakistani Supreme Coordination Council, with leaders pledging to hold the next meeting to review progress on implementation.
Experts point out that this framework aims to formalize collaboration and establish a steady stream of mutually beneficial projects, while providing both countries with official channels to prioritize and oversee joint economic efforts.
