Kuwait has extended oil credit facility for Pakistan for another two years.
This was conveyed by Kuwait’s Ambassador to Pakistan during a meeting with Minister for Petroleum Ali Pervaiz Malik in Islamabad.
The Minister for Petroleum thanked Kuwait for this special concession.
This facility has been provided by Kuwait Petroleum to PSO.
On the occasion, the two sides agreed to strengthen bilateral cooperation in the energy sector.
Ali Pervaiz Malik said Prime Minister Shehbaz Sharif has immense love and respect the people and leadership of Kuwait.
Ali Pervaiz Malik expressed gratitude for support of brotherly countries like Kuwait which has been pivotal for the structural reforms that Prime Minister Shehbaz Sharif has been successful to pull off.
The Kuwaiti Ambassador commended Pakistan’s significant economic progress under the leadership of Prime Minister Shehbaz Sharif, particularly in stabilizing the economy and improving the investment climate. He expressed confidence in Pakistan’s growth trajectory and reaffirmed Kuwait’s commitment to deepening economic and energy partnerships between the two nations.
The Minister thanked the Ambassador for Kuwait’s continued support and emphasized Pakistan’s dedication to fostering stronger ties with Gulf nations, particularly in energy and trade.
The meeting concluded on a positive note, with both sides agreeing to build on the unwavering relationship between Pakistan and Kuwait.
