islamabad: The Pakistan Industrial & Traders Associations Front (PIAF) has hailed the recently signed Strategic Mutual Defense Agreement between Pakistan and Saudi Arabia as a landmark breakthrough that will reinforce national security while opening the door to sweeping trade, investment, and industrial opportunities. In a joint declaration, PIAF Chairman Faheem Saigol, Senior Vice Chairman Nasrullah Mughal and Vice Chairman Tahir Manzoor Chaudhary commended the government’s resolve to deepen relations with the Kingdom of Saudi Arabia, calling the accord a turning point for Pakistan’s economic and geopolitical trajectory. Chairman Faheem Saigol emphasized that the agreement—endorsed at the highest level by Prime Minister Muhammad Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman—reflects an unshakeable bond of trust between the two brotherly nations. He highlighted the pact’s central clause, under which aggression against one state will be considered aggression against both, describing it not merely as a military guarantee but as a solid foundation for investor confidence. “When capital feels secure, it flows without hesitation. This agreement sends exactly that signal to global investors, assuring them that Pakistan is a stable, predictable, and safe destination for their ventures,” Saigol remarked. Staff reporter
