PBF Calls for Stronger Economic Ties with Saudi Arabia, Türkiye Post-Makkah Agreement

The Pakistan Business Forum (PBF) has welcomed the Makkah Joint Defence Agreement between Pakistan, Saudi Arabia, and Türkiye, advocating for its expansion into a stronger trilateral economic partnership. PBF Chief Organiser Ahmad Jawad emphasized translating strategic confidence into commercial confidence through investment, joint ventures, and industrial cooperation. The proposed roadmap aims to combine Saudi capital, Turkish technology, and Pakistan's manufacturing, agriculture, and human resources for significant economic growth. This initiative, if successful, could bolster Pakistan's economic stability and foreign exchange reserves, potentially strengthening the PKR against the USD and influencing local gold prices.

بحوالہ / Source: www.brecorder.com