Saudi, Emirati crown princes to visit Pakistan next year

ISLAMABAD – Saudi Crown Prince Mohammad bin Salman and United Arab Emirate’s Crown Prince Mohammad bin Zayed bin Sultan al Nahyan will tour Pakistan in early 2019, it has emerged on Thursday.

Information Minister Fawad Chaudhry awhile addressing conference revealed that the crown prince of the UAE will visit the country next month while the crown prince of Saudi Arabia will visit Pakistan in February.

The minister claimed that the Saudi crown prince will come with a huge foreign investment proposal.

After assuming office, Prime Minister Khan had made his first visit to Saudi Arabia and UAE to shore up economic resources and cement bilateral ties.

During his meeting with the Royals, the prime minister discussed matters of mutual interest and especially economy.

The 32-year-old Saudi crown prince, who is dubbed the most powerful man in Oil-rich kingdom, had hosted a dinner for Imran Khan and discussed measures to enhance cooperation in political, defence, economic, commercial and cultural sectors.

It was then that the premier had invited the Saudi royal to make a visit to Pakistan, which he had accepted.

https://en.dailypakistan.com.pk/pakistan/incoming-saudi-investment-package-biggest-in-history-asad-umar/

It would be the first visit of Saudi Crown Prince, dubbed MBS, to Pakistan who is facing severe criticism for his alleged role in the killing of Washington Post journalist, Jamal Khashoggi.

In October, when various countries and business delegations pulled out of Future Investment Initiative Conference (FIIC) in Riyadh in the pretext of Khashoggi’s murder, Imran Khan had attended the event, inviting foreign investors to explore Pakistan.

A few days earlier, Finance Minister Asad Umar had disclosed that an upcoming package from Saudi Arabia would be the biggest in Pakistan’s history.

Saudi Arabia has assured Pakistan of support to repair its faltering economy which is marred by Balance of Payment Crisis.

Meanwhile, Pakistan is also negotiating with the International Monetary Fund (IMF) to seek a bailout package.

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