Arab News, Sat, Oct 26, 2024 | Rabi al-Thani 23, 1446
Pakistan, Saudi Arabia vow to increase cooperation between small and medium enterprises
Saudi Arabia:
Pakistan’s Minister for Industries and Production
Rana Tanveer Hussain met with Saudi Arabia’s Governor of Small and Medium
Enterprises General Authority Sami bin Ibrahim Al-Husseini on Thursday agreed to
enhance cooperation between the two countries in the SME sector.
Hussain departed for the Kingdom this week to
attend the two-day UN Multilateral Industrial Policy Forum being held in Riyadh
from Oct. 23-24.
The Pakistani minister engaged with international
delegates to discuss strategies for enhancing industrial growth and sustainable
practices during his visit. On Thursday, he met Saudi Arabia’s governor for
small and medium enterprises general in Riyadh, Pakistan’s ministry of
industries and production said.
“Both sides discussed matters of mutual interest,”
the statement said. “Cooperation among small and medium enterprises will be
increased.”
The ministry said both sides also agreed to
increase the number of visits by business professionals to their countries.
Pakistan has been seeking to strengthen trade and
investment ties, particularly with the Kingdom, whose leadership reaffirmed its
commitment this year to expedite a $5 billion investment package for the South
Asian country.