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Saudi Delegations Arrive in Islamabad as Pakistan Launches Fast-Track Economic Talks

An 18-member committee co-chaired by Musadik Malik with Lt. Gen. Sarfraz Ahmad will lead negotiations under a new economic framework.

Overview

  • Prince Mansour bin Mohammad Al Saud is leading a high-level business delegation for meetings with Pakistan’s leadership, senior officials, chambers of commerce and major firms to expand trade and investment.
  • A separate Saudi Shura Council delegation, led by Chairman Dr. Abdullah bin Mohammed Al‑Sheikh, is holding parliamentary engagements with Pakistan’s president, prime minister and army chief.
  • Pakistan’s newly formed whole-of-government committee has set up core negotiation teams, directed members to be available from October 6, and will submit progress reports to the prime minister every 15 days.
  • Discussions are expected to cover buy‑back investment options in oil and agriculture, revival of the long-delayed refinery project, export growth to narrow an estimated $3 billion trade gap, and Vision 2030‑aligned initiatives, with a CPEC‑style corridor reported as under consideration.
  • Officials have ordered one‑hour same‑day approvals for related travel via the SIFC, and a prime ministerial trip to Riyadh later in October has been reported as likely to finalize agreements.