Pakistan expects to sign key pacts during Saudi crown prince's visit

Cash Strapped Pakistan To Host Saudi Crown Prince

Pakistan: Saudi Crown Prince to Announce $20B Investment Projects

Saudi Arabia's crown prince, Mohammed bin Salman, is set to make his first state visit to Pakistan on Saturday, where he is expected to announce investment projects worth up to $20 billion, a senior official told VOA.

"When he (the crown prince) comes to Islamabad on his two-day visit, we hope to sign eight MoUs", Foreign Minister Shah Mehmood Qureshi said on Wednesday, declining to give a final figure for the total investments expected.

A foreign news agency had reported that Mohammed, who is also the Saudi Arabia chairman of the Council of Economic and Development Affairs, is on a tour to several Asian countries, starting with Pakistan this week.

As the son of Saudi King Salman, whose formal title is the Custodian of the Two Holy Mosques (in Mecca and Medina), the crown prince was there to inspect the construction work underway to renovate and expand the enormous complex surrounding the Kaaba.

This article, Controversial Saudi crown prince implicated in dissenter's murder is coming to Malaysia next week, originally appeared on Coconuts, Asia's leading alternative media company.

While the current United States president, Donald Trump, said Riyadh's explanation was "credible", many others from the worldwide community condemned the killing with Germany, Norway and Denmark all ceasing the sale of arms to Saudi Arabia.

Asked if there was pressure on Prime Minister Imran Khan as he postponed his visit to Iran ahead of Saudi Crown Prince's visit, Qureshi said: "We have regular interaction with Iran and in the recent past, we had three major meetings".

Pakistan declined to join the Saudi-led coalition waging war on Iran-aligned rebels in Yemen. Qureshi said that a huge Saudi delegation will be accompanying the Crown Prince. "We want our relations with Saudi Arabia to turn into an economic partnership". "He said that he will hold meetings with Afghan President Ashraf Ghani and other world leaders to bring peace in Afghanistan". He added this was for the first time after former prime minister Zulfikar Ali Bhutto that Pakistan had attained huge success at diplomatic front. He said that a warm welcome will be accorded to the Saudi Crown Prince on his arrival in Islamabad. The kingdom has long provided aid to Pakistan, and signed an agreement for a $6 billion assistance package after Khan attended an investment conference in October that saw a wave of cancellations linked to the Khashoggi killing. Saudi investors, he said, were interested more in food and agriculture sectors.

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