LAHORE:

With Pakistan and Saudi Arabia recently sealing a historic defence pact, policymakers and business leaders are increasingly calling for the two nations to expand cooperation into structured economic frameworks that could reshape regional connectivity.

They believe that a Pak-Saudi Economic Corridor (PSEC), modelled on the China-Pakistan Economic Corridor, could be the natural next step to convert the momentum of the new security alliance into long-term economic dividends.

The idea of the corridor comes at a time when global trade routes are being realigned and both countries are seeking to diversify their economies. Saudi Arabia is pushing ahead with its Vision 2030 reforms to reduce reliance on oil and build a robust non-oil economy, while Pakistan is searching for sustainable

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