Islamabad (Business Desk) — Pakistan and Kuwait have agreed to promote economic ties and further strengthen their bilateral partnership. During a meeting between Prime Minister Shehbaz Sharif and his Kuwaiti counterpart, both sides reaffirmed their commitment to expanding the longstanding friendly relations between the two countries.
The meeting included discussions on trade, investment, energy projects, people-to-people contacts and other matters of mutual interest. The two leaders agreed to take bilateral relations to new heights through enhanced economic cooperation and investment.
Meanwhile, Pakistan State Oil and Kuwait Petroleum Corporation have decided to further strengthen their 50-year partnership in the energy sector. Under an agreement reached in this regard, new opportunities will be explored in fuel supply, oil refining and investment to support the development of Pakistan’s energy sector.
The cooperation is being viewed as an important development for investment in energy storage, infrastructure improvement and other related sectors in Pakistan.