Federal Minister for Commerce Jam Kamal Khan held a comprehensive meeting with Ibrahim Al-Mubarak, Assistant Minister of Investment of the Kingdom of Saudi Arabia, to review and advance bilateral cooperation in trade, investment, and joint engagement in regional markets.<\/p>\n
The meeting reflected strong convergence of views on adopting an investment-led and partnership-based approach to economic cooperation. Both sides emphasized the importance of enhancing competitiveness, scaling up production, and strengthening value chains to unlock Pakistan\u2019s export potential and meet growing regional demand in a sustainable manner.<\/p>\n
A key focus of the discussion was the joint exploration of regional markets, particularly Central Asia, Africa, and ASEAN, identified as high-growth regions offering significant opportunities for collaboration.<\/p>\n
The two sides agreed that Pakistan and Saudi Arabia, by leveraging their respective strengths, can position themselves as complementary partners\u2014combining Pakistan\u2019s production capabilities with Saudi Arabia\u2019s capital strength, market access, and regional connectivity.<\/p>\n
In the rice sector, the Saudi side expressed interest in corporate farming in Pakistan. It was noted that Pakistan already meets quality requirements, and that investment in corporate-scale farming, mechanization, storage, and logistics could enable consistent exports of rice from Pakistan to Saudi Arabia under structured, long-term arrangements.<\/p>\n
More broadly, in agriculture and food security, discussions covered cooperation in rice, fodder including alfalfa, meat, and selected agri-products. Both sides explored the potential role of Saudi financing institutions in supporting export-linked agricultural and infrastructure projects in Pakistan, particularly those aligned with guaranteed offtake to Saudi Arabia.<\/p>\n
The meeting also examined corporate farming and mechanization as long-term solutions to productivity challenges, including in crops such as cotton, where declining yields and high manual input costs have affected competitiveness. The Commerce Minister noted that export-oriented investment models could help revive agricultural output while supporting downstream industries, including textiles and yarn.<\/p>\n
Human resource development emerged as another important area of collaboration. Both sides agreed that the most acute shortages across healthcare, hospitality, and services lie in nurses, caregivers, technicians, and mid-tier hospitality staff, rather than senior professionals. H.E. Eng. Ibrahim Al-Mubarak shared Saudi Arabia\u2019s experience in vocational training and skills development and expressed openness to replicating train-to-deploy models in Pakistan, linking training programs with employment opportunities abroad.<\/p>\n
Opportunities in building materials and construction inputs were also discussed, with the Saudi side noting substantial import requirements for products such as limestone, marble, aggregates, and other materials not locally available. It was agreed that focused engagement between Pakistani suppliers and Saudi building material trading companies could deliver early outcomes through direct private-sector matchmaking.<\/p>\n
Both sides also exchanged views on expanding cooperation in pharmaceuticals, sports goods, footwear, and light manufacturing, recognizing Pakistan\u2019s growing industrial base and the scope for joint ventures, contract manufacturing, and split-production models targeting regional and global markets.<\/p>\n
The meeting concluded with an understanding to pursue follow-up through sector-specific workshops and business-to-business engagements, aimed at translating policy alignment into tangible trade flows, investment projects, and employment generation, further strengthening Pakistan\u2013Saudi Arabia economic relations.<\/p>\n","protected":false},"excerpt":{"rendered":"
Federal Minister for Commerce Jam Kamal Khan held a comprehensive meeting with Ibrahim Al-Mubarak, Assistant Minister of Investment of the Kingdom of Saudi Arabia, to review and advance bilateral cooperation in trade, investment, and joint engagement in regional markets. The meeting reflected strong convergence of views on adopting an investment-led and partnership-based approach to economic […]<\/p>\n","protected":false},"author":5,"featured_media":67239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131,30],"tags":[],"ppma_author":[213],"class_list":{"0":"post-71919","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-latest"},"yoast_head":"\n