Pakistan, Oct. 10 -- KARACHI - Finance Minister Muhammad Aurangzeb said on Friday that Pakistan can draw valuable lessons from Saudi Arabia's Vision 2030, describing it as a globally admired model of economic transformation.

Speaking virtually to Saudi investors and the Overseas Chamber of Commerce, Aurangzeb reaffirmed Pakistan's commitment to fostering foreign investment and said the country warmly welcomes Saudi investors seeking new opportunities.

He announced that the federal cabinet has approved a historic defence agreement between Pakistan and Saudi Arabia, marking a new chapter in bilateral cooperation.

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Aurangzeb stressed that ensuring a conducive environment for in...