Saudi, Pakistani economic relations reviewed

The Saudi minister of commerce Osama Jaffar Faqih on Monday met in al-Riyadh with the Pakistani minister of finance and the economy Shawkat Aziz, currently visiting Saudi Arabia to take part in the meetings of the 6th session of the joint Saudi- Pakistani joint committee.

The two sides reviewed trade and economic relations and means of developing them with the aim of developing trade exchange and opening new prospects for investments between the two countries.

The Pakistani minister said that his visit to the Kingdom aims at developing co-operation relations in various fields between the two countries.

Worthy mentioning that commercial exchange between the two countries reached in 1999 3055.5 million riyals and number of joint projects 31 while the total invested capital reached 4266.75 million riyals.