Prime Minister Shehbaz Sharif says Pak-Saudi economic ties have entered a new era with bilateral trade volume poised for significant increase due to steps taken in this regard.            

He was talking to Saudi Minister for Commerce Majid al Kasabi who called on him in Riyadh today, on the sidelines of World Economic Forum meeting.          

The Prime Minister said the Special Investment Facilitation Council of Pakistan is fully active in promoting foreign investment and facilitating investors.                                                        

On the occasion, the Saudi Minister said Pakistan is Saudi Arabia's priority for investment and trade as per the directives of Saudi Crown Prince and Prime Minister Muhammad bin Salman.                           

He said targets are being set to increase bilateral economic and trade relations during the next one to one and a half years.             

The Saudi Minister said a delegation of Saudi business community will visit Pakistan soon.                 

Acknowledging the role of Pakistanis in the development and prosperity of Saudi Arabia, the Saudi Minister emphasized inculcating the sentiments of Saudi-Pak friendship among the youth and new generation of both countries.