Published: Mon, February 18, 2019
Global Media | By Garry Long

Saudi Arabia signs $20bn in deals with Pakistan

Saudi Arabia signs $20bn in deals with Pakistan

"We can not say no to Pakistan, whatever you [Pakistan] want we will do", he remarked.

It was reported over the weekend that the Saudi crown prince, commonly known as MBS, was plotting a takeover bid for the Premier League team in the region of £3.8 billion (US$4.9 billion).

"I want to thank you for the way you helped us when we were in (a) bad situation", Khan told the royal guest, 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.

But the United Nations human rights investigator leading the global inquiry into the murder of the Saudi journalist said earlier this month that evidence showed he was a victim of "a brutal and premeditated killing, planned and perpetrated by officials of the state of Saudi Arabia".

Pakistan PM Imran Khan, breaking the protocol, drove a Mercedes Benz carrying Saudi Crown Prince to the PM's house.

Prince Mohammed changed his itinerary at the last minute, delaying by a day his arrival in Pakistan and postponing visits to Malaysia and Indonesia.

The Joint Commission on Commerce and Trade, which is now part of the Saudi-Pakistan Supreme Coordination Council, shall facilitate bilateral trade in specific sectors and products.

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A participant at the dinner said that the Israelis have carried out more than 200 aerial operations to stop the Iranians in Syria. US officials have stressed that the session covers a range of topics, including the humanitarian crises in Syria and Yemen.

The Crown Prince said the $20 billion figure represents only the start of an economic tie-up that would bring the historic allies even closer.

He said that though Pakistan despite having massive tourism potential was not having that quantum of tourists but in a lighter vein said that Pakistan was ahead in mountain tourism than Saudi Arabia.

Saudi crown prince Mohammed bin Salman (L) and Pakistan's Prime Minister Imran Khan (R) smile as they look at their delegation members during a signing of a memorandum of understanding (MOU) at the Prime Minister House in Islamabad, Pakistan, on February 17, 2019. -AFP Chief of Army Staff Gen Qamar Javed Bajwa with MBS. At places cultural troupe depicting the regional culture seemed welcoming the Saudi Crown Prince by presenting traditional dance.

During his two-day stay in Pakistan, the crown prince is expected to sign a series of multibillion-dollar agreements, including setting up an oil refinery in the southwest near the border with Iran.

The kingdom denies the crown prince knew of the plot.

Pakistan Air Force aircraft escorting the crown prince's aircraft on Sunday.

Pakistan and Saudi Arabia agreed on the importance of political settlement, and promoting peace and stability in Afghanistan so that millions of Afghan refugees in neighboring countries could return to their country and contribute to their development and lasting peace.

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