Efforts on to tap Pak-Saudi trade potential

Efforts are being made to tap huge trade potential, which exists between Pakistan and Saudi Arabia. Senior Analyst Dr Rasool Buksh Raees stated this, while talking to PTV on Wednesday. He said Pakistan and Saudi Arabia are coupled with each other with strong relations, as the two countries have traditional, religious and brotherly relationship.
Traditionally, both the countries have been holding strategic relations, which are of great significance. There has been no tension between Pakistan and Saudi Arabia and never any dispute could emerge. Rather, Pakistan and Saudi Arabia have been taking unanimous stance, on all major development.
Either, it was regarding Middle East problems, security affairs of South Asia or it was Russian invasion in Afghanistan. Both the countries remained involved in consultation process on every major development. Pakistan and Saudi Arabia have close contact with each other on regional and international affairs.
Replying to a question, Dr Rasool Buksh Raees said the leadership of both the countries never missed any occasion to raise voice for Muslim Ummah.
He also said mutual inter-dependency of Muslim Ummah could not be brought only efforts or co-operation of Pakistan and Saudi Arabia. The OIC, a representative organisation of 57 Muslim countries, could not make considerable development. It is not possible until all-member countries show seriousness towards their set goals. Concerted efforts should be made in this regard.
Muslim countries should bring inner reforms in their countries, Dr Rasool Buksh Raees said, adding the need of the hour is that more concentration should be given for the development of science and Technology (S&T) in Muslim countries. Every Muslim country should boost up its economy. Pakistan's economy is fastly being picked up, he added. Four MoUs were signed with Yemen on agriculture, scientific research, higher education, and culture.
To another question, he said in recent years, green revolution took place in Pakistan. At present, Pakistan holds fifth position in major milk producing countries, while its agriculture sector has attraction for foreign investment too, he added.
Pakistan has a strategic location that is why the Middle East food market can be captured which, at present, has very low proportion of Pakistan's food items. Comparative advantage is must to be looked into enhancing exports, he added. Muslim countries should have invested in science and technology (S&T), and the world class universities should have been made, he added.