Ahsan urges Pakistani community to play role in promoting trade ties with Saudi Arabia

JEDDAH: Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Wednesday urged the Pakistani business community in Saudi Arabia to play an active role in further enhancing trade relations with the Kingdom.

“These increased economic contacts provide a solid foundation for bilateral relations between nations,” he said while addressing a reception hosted by the Pakistani business community in Jeddah.

Iqbal outlined the key elements of the 5Es framework under the ‘Uraan Pakistan’ initiative, which serves as a unifying roadmap aimed at transforming Pakistan into a $1 trillion economy by 2035 and a $3 trillion economy by 2047. He expressed confidence that this program would provide a sustainable and long-lasting foundation for the country’s development.

The minister stressed the need for an economic ‘long march’ free from political turmoil to achieve national development goals, saying there was no room for any form of political or economic crisis.

Iqbal highlighted that increasing exports was central to the five-point agenda of the Uraan Pakistan initiative, stressing that the country’s economic independence depended on its ability to generate dollars. He commended the current government, under the leadership of Prime Minister Shehbaz Sharif, for implementing prudent economic policies that have positioned the national economy for growth.

He called upon all Pakistanis to fully commit to the success of the Uraan Pakistan initiative, describing Overseas Pakistanis as the “greatest asset” of the nation.

He also noted that the world was rapidly evolving due to technological advancements, and Pakistan must keep pace to remain competitive in the modern era.

“Uraan Pakistan will connect the country’s economy with cutting-edge technology,” he added.

Ahsan Iqbal stressed the importance of unity, solidarity and harmony within the nation for national development.

He lamented that some politicians had tarnished the country’s image by portraying Pakistanis as thieves and robbers for personal gain, in contrast to the true identity of the nation -- hardworking and intelligent people.

“We must prove the strength of the Pakistani brand to the world through hard work, intelligence, honesty, and high quality,” he said. He further explained that Pakistan’s struggles stemmed from political uncertainty, a lack of policy continuity and instability.

“As a nation, we must learn from our mistakes and prevent instability from arising again,” he urged.

The minister pointed out that Pakistan was blessed with minerals worth trillions of dollars, and the government has already initiated several projects in Balochistan aimed at transforming it into the most developed and prosperous province of the country.

Besides, he said, the government has launched a program to train 200,000 youth annually in IT, and 1,000 agricultural experts were being sent to China for training in modern agricultural systems. “We are determined to make Pakistan a trillion-dollar economy by 2035. Pakistan is our identity and homeland, and we will not allow any harm to it,” he affirmed.