Abb Takk News

Can’t Compare Saudi Investment with China: Razak Dawood

ISLAMABAD: The PM Imran’s trade Advisor Abdul Razak Dawood said on Friday that the investment being made by Saudi Arab should not be compared with the investment by China.

Addressing press conference in Islamabad, Dawood said that China was helping Pakistan for five years to improve infrastructure and now China’s new target is to improve agriculture and industry.

He said that after the CPEC the market being opened for Pakistan as Malaysia and Turkey will also make an investment in Pakistan.

“The Saudi Arab investment will be purely on a commercial basis as SA will complete feasibility over petroleum, energy, and mineral in a year.

Commenting over the Indian withdrawal from the Most Favoured Nation (MFN) trade status given to Pakistan in the aftermath of a suicide bombing in occupied Kashmir that killed at least 44 security personnel, he said that Pakistan will take its decision after closely observing the situation.