Abb Takk News

Pak- Saudia Ink MoUs Regarding Cooperation In Various Sectors

ISLAMABAD: Saudi Crown Prince Mohammad bin Salman has called on PM Imran Khan in the prime minister house.

Besides meet up various MoUs between the countries were signed at the PM House in Islamabad.

Memorandums of Understanding regarding cooperation between Pakistan and Saudi Arabia in diverse sectors were signed in the ceremony.

The sectors include cooperation in production of electricity, establishment of refinery petrochemical plant, promotion of sports and technical assistance in standardization sector.

Saudi Crown Prince Mohammad Bin Salman said on Sunday that the first phase of investment has been completed in Pakistan, which is worth $20 billion.

Today, Crown Prince of Saudi Arabia, Mohammad bin Salman reached Islamabad on a two-day official visit to Pakistan on the invitation of Prime Minister Imran Khan.

While addressing a ceremony at the PM House to sign Memorandum of Understanding (MoUs) between the two countries, the prince said that the investment will prove fruitful for both Pakistan and the Kingdom.

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

Prince Salman said that Pakistan is a very important country for Saudi Arabia and he was very pleased to visit the country.

He said that the kingdom will invest further in the country.

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

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.

Earlier, Crown Prince of Saudi Arabia, Mohammad bin Salman was accorded a warm welcome when he arrived in Islamabad this evening on a two-day official visit to Pakistan on the invitation of Prime Minister Imran Khan.

Prime Minister Imran Khan, his cabinet members and services chiefs received the Saudi Crown prince and his high powered delegation at Nur Khan Airbase.

The Saudi Crown Prince was also given a twenty one gun salute.

The crown prince is now being driven to Prime Minister House, with Khan in the driving seat.

The Saudi crown prince, widely known as “MbS”, who is accompanied by a high-powered delegation, including members of Saudi Royal family, key ministers and leading businesspersons.

When Saudi crown prince’s plane reached Pakistani air space, Pakistan Air Force’s JF-17 Thunder jets took the plane into its protective circle.

Earlier, Foreign Minister Shah Mehmood Qureshi along with other officials reached the airbase to receive his Saudi counterpart Adel al-Jubeir.

Prince Mohammad Bin Salman will stay at Prime Minister House in the Federal capital.

He will be accompanied by a high-powered delegation, including members of the Saudi Royal family, key ministers and leading businessmen.

This will be the first state-level visit of the dignitary to Pakistan since his elevation to the position of Crown Prince in April 2017.

During his visit, Crown Prince Muhammad bin Salman will meet President Dr.Arif Alvi, Prime Minister Imran Khan and Chief of Army Staff General Qamar Javed Bajwa.

A Senate delegation will also call on the Crown Prince to discuss ways to enhance parliamentary cooperation between the two countries.

The Saudi Ministers accompanying the Crown Prince will meet their counterparts to discuss bilateral cooperation in their respective fields.

During his stay, Pakistan and Saudi Arabia will sign a number of agreements and MoUs in diverse sectors.

The two countries will also discuss ways and means to develop a robust follow-up mechanism to ensure effective implementation and quick progress on tangible areas of cooperation.

Talking to media, Minister for Information and Broadcasting, Chaudhry Fawad Hussain has said that Saudi Crown Prince Mohammad bin Salman will be accorded rousing and warm welcome on his arrival in Pakistan.

After inaugurating Arab News’ office in Islamabad on Friday evening, he said Prime Minister Imran Khan and his Cabinet will receive the Saudi Crown prince and his high-powered delegation at Nur Khan Airbase.