PAKISTAN AND SAUDI ARABIA: AN ENDURING PARTNERSHIP
Keywords:Pakistan, Saudi Arabia, Middle East, Collaboration, Security, Partnership, Strategic Environment, Investments, Manpower
Pakistan and Saudi Arabia are historic friends, enjoying deep political, security, economic and cultural ties. Both nations also have shared concerns and interests on regional and global issues of peace and security. Their partnership has taken a strategic shift in the recent past, which is manifested particularly in close collaboration in security and economic spheres. Pakistan has intensified security cooperation with Saudi Arabia in bilateral and regional domains. While continuing to aid Pakistan’s frail economy with significant loan commitments and oil supplies on deferred payments, the Kingdom has undertaken major investments in its energy sector. The economic diversification under the Saudi Vision 2030 of Crown Prince Mohammed bin Salman offers enormous opportunities for Pakistan’s trade and investment relationship with the Kingdom and employing its skilled manpower in Saudi mega development projects. Pakistan can likewise play a greater role in addressing Saudi Arabia’s growing needs for regional security amid the changing geo-strategic environment in the Middle East.