ISLAMABAD: Pakistan and Kuwait have agreed to broaden economic cooperation and reinforce their longstanding bilateral partnership, with particular focus on trade, investment and energy sector development.
The agreement was reached during a meeting between Prime Minister Shehbaz Sharif and his Kuwaiti counterpart, Sheikh Ahmed Abdullah Al-Ahmed Al-Sabah.
During the meeting, the two leaders discussed a range of issues of mutual interest and expressed their resolve to strengthen cooperation in trade, investment, energy projects and people-to-people exchanges.
Separately, Pakistan State Oil (PSO) and Kuwait Petroleum Corporation (KPC) agreed to build on their five-decade-long collaboration in the energy sector.
Under the understanding, the two companies will explore additional avenues for cooperation, including fuel supply arrangements, refining opportunities and investment in Pakistan’s energy industry.
The initiative is aimed at strengthening energy ties and supporting the further development of Pakistan’s energy sector.
