Pakistan And Saudi Arabia Near Strategic Economic Agreement

On February 25, 2026, Saudi Ambassador to Pakistan, Nawaf bin Saeed Ahmad Al-Malkiy, announced that Pakistan and Saudi Arabia are on the verge of signing a strategic economic treaty, which aims to bolster economic ties between the two nations. This announcement came during an iftar dinner in Islamabad, where the ambassador stated, "God willing, we are preparing a new strategic economic plan between Pakistan and Saudi Arabia. The agreement will be signed soon." This treaty follows the Strategic Mutual Defence Agreement (SMDA) signed in September 2025, which formalized military cooperation and established a framework for mutual defense, declaring that any aggression against one nation would be treated as an attack on both. The SMDA has been described as a significant step in strengthening the long-standing security partnership between the two countries, with Al-Malkiy emphasizing that Saudi Arabia places special importance on its relationship with Pakistan.