🚨🇵🇰🤝🇸🇦 Pakistan Courts Saudi Investment After Strategic Defence Pact

Following the recently signed Strategic Mutual Defence Agreement (SMDA) between Pakistan and Saudi Arabia, Islamabad is now looking to convert security cooperation into economic dividends.

A high-level Saudi business delegation is expected to visit Pakistan this week, with talks focused on attracting up to $1 billion in investment across key sectors including energy, mining, infrastructure, and possibly defence manufacturing.

This move signals Islamabad’s push to deepen its economic ties with Riyadh following their upgraded defence partnership. For Pakistan, facing fiscal stress and ongoing IMF obligations, foreign investment is crucial to stabilising reserves and boosting growth.

Source: Reuters

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