Pakistan and Kuwait have agreed to strengthen economic cooperation and expand investment across several sectors, reaffirming their commitment to closer bilateral relations.
The understanding came during a meeting between Prime Minister Shehbaz Sharif and his Kuwaiti counterpart. Both leaders expressed their desire to take the longstanding friendship between the two countries to new heights.
Their discussions covered trade, investment, energy projects, people-to-people contacts and other matters of mutual interest. They also agreed to explore new investment opportunities and expand economic ties.
In a separate development, Pakistan State Oil (PSO) and Kuwait Petroleum Corporation (KPC) have agreed to expand their five-decade-long partnership in the energy sector.
Under the proposed cooperation, the two companies will explore opportunities in fuel supplies, refining and investment. The partnership aims to support Pakistan’s energy sector and strengthen cooperation in areas of mutual interest.
The expanded partnership could also open new opportunities for investment in energy storage and infrastructure, helping Pakistan strengthen its energy capabilities.
The latest developments mark another step towards stronger Pakistan-Kuwait economic cooperation, with both countries seeking to increase trade, attract investment and build on their longstanding relationship.
