Foreign Minister Shah Mehmood Qureshi on Wednesday (Feb 13) while addressing a press conference along with Information Minister Fawad Chaudhry, Adviser to Prime Minister on Commerce and Investment Razak Dawood and Board of Investment (BoI) Chairman Haroon Sharif, Qureshi said that Pakistan and Saudi Arabia will sign eight memorandums of understanding (MoUs) during the visit of Saudi Crown Prince Muhammad bin Salman, in order to strengthen bilateral; relations of both countries. He also clarified that there were no strings attached to the Saudi investment in Pakistan.
The Foreign Office on Wednesday (Feb 13) has released details regarding Saudi Crown Prince Mohammad Bin Salman’s two day visit on Feb 16, accompanied by a high-powered delegation including members of the Saudi Royal family, key ministers and leading businessmen. This will be first state-level visit of His Royal Highness to Pakistan since his elevation to the position of the Crown Prince in April 2017.
“With the visit of Prince Muhammad bin Salman, Pakistan and Saudi Arabia are going to witness an unprecedented level of closeness based on solid economic integration,” Qureshi said. He added that the MoUs relating to diverse sectors, including investment, finance, power, renewable energy, internal security, media, culture and sports, will be signed. “A Coordination Council will be set up to monitor the progress on signed agreements,” he said.
“Saudi leadership during the prime minister s visit to Riyadh desired to turn friendly relations in economic partnership,” he added. He continued: “He is leaving for Germany tomorrow (Thursday) to attend Munich conference on Afghan issue. He said that he will hold meetings with Afghan President Ashraf Ghani and other world leaders to bring peace in Afghanistan.”
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23 May, 2019