Prime Minister Shehbaz Sharif is scheduled to pay a two-day go to to Riyadh on December 3-4, 2024 to take part within the “One Water Summit”.
A joint initiative of Saudi Arabia, France, Kazakhstan, and the World Financial institution, the summit goals to advertise world cooperation and a coherent worldwide strategy in direction of water useful resource administration by means of high-level political commitments, in response to a curtain raiser issued by the International Workplace on Monday.
On the summit, the prime minister will ship a keynote deal with at a roundtable specializing in restoration, preservation, and adaptation within the context of contemporary water sources and wetlands.
He will even spotlight the steps being taken by Pakistan to advertise water conservation, strengthen local weather resilience, enhance water high quality, create livelihoods, and preserve biodiversity.
PM Shehbaz will underline the significance of worldwide cooperation to deal with the affect of climate-induced floods, erratic and excessive climate patterns, and warmth stress on water sources and ecosystems.
He will even name for significant worldwide collaboration for sustainable water useful resource administration.
On the sidelines of the occasion, the prime minister is anticipated to carry bilateral conferences and engagements.
‘Outstanding progress on Saudi investments’
Individually, PM Shehbaz expressed satisfaction over the progress in cooperation and funding initiatives between Pakistan and Saudi Arabia, hailing the longstanding friendship between the 2 nations.
Chairing a overview assembly earlier at present, the prime minister highlighted that Pakistan’s collaboration with Saudi Arabia continued to develop throughout numerous sectors, underscoring the strategic partnership between the 2 international locations.
“Saudi Arabia has been a dependable accomplice in Pakistan’s difficult instances, and we’re dedicated to deepening this cooperation,” the premier stated.
The assembly additionally included a briefing on the outstanding progress of bilateral investments.
The assembly was briefed in regards to the progress on bilateral cooperation in numerous fields within the second assembly of the Pakistan-Saudi Arabia Joint Activity Power held in November.
It was knowledgeable that inside a brief span of time, each international locations had signed 34 memoranda of understanding (MoUs), seven of which have already been formalised into agreements. These agreements had been valued at $560 million.
The assembly was attended by Deputy Prime Minister and International Minister Ishaq Dar, Finance Minister Muhammad Aurangzeb, Minister for Petroleum Dr Musaddik Malik, and Nationwide Coordinator of the Particular Funding Facilitation Council Lieutenant Normal Sarfaraz Ahmed.