Prime Minister Shehbaz Sharif has called for concerted efforts from both sides to ensure the early implementation of seven agreements worth $10 billion signed between Pakistan and Kuwait in November last year.

He said this during a meeting with Kuwait Ambassador Nassar Abdulrahman Jasser Almutairi who called on him in Islamabad.

“The PM noted with satisfaction that seven agreements were signed between the two countries in November 2023, worth $10 billion, relating to diverse areas including food security, technology, hydel power, mining and minerals, water supply and mangrove rehabilitation,” a PM Office press release said.

In this context, he emphasised the role of the Special Investment Facilitation Council which provided a robust mechanism to attract foreign investment into Pakistan.

He said that Pakistan attached “great importance” to its historic and deep-rooted ties with Kuwait and thanked the Kuwaiti leadership, including Emir of Kuwait Sheikh Mishal Al Ahmad Al Jaber Al Sabah, for the warm wishes and felicitations on his re-election.

He expressed the desire to work closely with them to further strengthen the bilateral relationship with a focus on trade and investment. He also extended an invitation to emir of Kuwait to visit Pakistan at his earliest convenience.

The Kuwaiti ambassador thanked Pakistan for its support to Kuwait in difficult times.

He thanked former PM Nawaz Sharif for his strong public support to Kuwait’s independence and sovereignty during the 1990-91 crisis. He also expressed gratitude for the country’s support to Kuwait during the Covid-19 pandemic.

The ambassador reaffirmed Kuwait’s strong commitment to build closer ties with Pakistan. PM Shehbaz appreciated Ambassador Almutairis’ contribution to fostering stronger ties between Pakistan and Kuwait.