Breaking News

Saudi crown prince to visit Pakistan on February 16

ISLAMABAD: Pakistan on Wednesday stated that Saudi crown prince Mohammad bin Salman will arrive in Islamabad on Saturday on a two-day consult with throughout which quite a few agreements price billions of bucks funding in the country would be signed.

Pakistan and Saudi Arabia are prone to sign over $10 billion funding agreements, together with a multibillion buck oil refinery in Gwadar, throughout his consult with.

Salman, who could also be the Gulf Kingdom's vice chairman of the council of ministers and defence minister, will arrive here on February 16 on his first state consult with to Pakistan since his elevation to the location of the crown prince in April 2017, the overseas office stated.

He will be accompanied via a high-powered delegation together with participants of the royal circle of relatives, key ministers and leading businessmen.

During his consult with, Pakistan and Saudi Arabia will be signing quite a few agreements and MoUs in diverse sectors, together with funding, finance, energy, renewable power, interior security, media, tradition and sports, it stated.

The two nations will even discuss ways and means to expand a robust follow-up mechanism to ensure effective implementation and fast progress on tangible areas of cooperation.

The crown prince will name on President Arif Alvi. He will even meet Prime Minister Imran Khan and army chief Qamar Javed Bajwa.

The Saudi ministers accompanying the crown prince will meet their counterparts to speak about bilateral cooperation in their respective fields.

On the sidelines of the consult with, businessmen of the two nations will even meet to speak about opportunities of collaboration in the non-public sector.

Saudi Arabia has dedicated $6 billion to Pakistan as part of a bailout bundle to assist shore up Islamabad's dwindling foreign currency echange reserves.

No comments