Saudi Prince ensured investment of $20 billion in Pakistan

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Saudi Prince has finally arrived in Pakistan in all his glory on the red carpet amid much fanfare and strict security for his two-day visit to the country.

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Prime Imran Khan, Chief of Army Staff General Qamar Javed Bajwa and cabinet member welcomed the prince and his delegation as the Saudi plane touched down at Nur Khan Airbase, Rawalpindi.

Addressing a ceremony at the PM House on Sunday to sign MoUs between the two countries, the crown prince said that the investment will prove fruitful for both Pakistan and the Kingdom.

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Saudi Crown Prince Mohammed Bin Salman said that the first phase of worth $20 billion investment is completed in Pakistan.

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“Pakistani leadership is impressive and the country’s future seems quite bright,” said the crown prince.”

Prince Salman shared his views about the relationship between the two countries and pondered on the point Pakistan is a very important country for Saudi Arabia. He said that he is very pleased to visit the country. He ensured that the Kingdom will invest further in the country.

At the PM House, MoUs were signed between the two countries in diverse sectors. The ceremony was witnessed by the crown prince and PM Imran Khan.

Prime Minister Imran Khan addressing the MoU-signing ceremony, said that Saudi Arabia and Pakistan always enjoyed brotherly relations. “Saudi Arabia always stood beside Pakistan in difficult times.”

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The prime minister said that the two countries need to extend cooperation in tourism, petrochemicals, and other fields.

“We are taking Pak-Saudi ties to its zenith,” said the PM, adding that in future the relations would reach new heights.

“I want to thank you for the way you helped us when we were in a bad situation,” Khan told MBS, adding that Pakistan and Saudi Arabia were now taking their relationship to a new level, where investment agreements would be mutually beneficial for the countries.

Foreign Minister Shah Mehmood Qureshi on Monday announced that Saudi Crown Prince Muhammad Bin Salman has agreed to free 2,107 Pakistani prisoners in Saudi Arabia with immediate effect.

“HRH Crown Prince Muhammad Bin Salman has graciously agreed to free 2,107 Pakistani prisoners in Saudi Arabia with immediate effect,” Qureshi tweeted.

“Cases of the remaining will be reviewed. People of Pakistan thank HRH for responding immediately to Prime Minister Imran Khan’s request,” the foreign minister added.


 

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