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Saudi Crown Prince to visit Pakistan on Feb 16

ANI  |  Asia 

Crown of will embark on a two-day visit to on Saturday (February 16), Saudi Nawaf bin Said Al-Maliki said on Monday.

Geo News reported that a large delegation comprising of the former's security team has already arrived in on Monday to review security arrangements in ahead of the Prince's visit.

"A team of doctors and a delegation of Saudi who will cover Mohammed bin Salman's tour have also reached Islamabad," sources added.

The visit of the Saudi comes amid reports that will sign an agreement on oil refinery project, worth USD 10 billion, in the port city of

is a port city located in the southwestern region of in Pakistan, featuring the famous China-Economic Corridor (CPEC) project in which is desperately seeking to become a major strategic stakeholder.

Apart from finalising the deal, the Saudi is further expected to discuss bilateral relations between the two countries and issues focusing on the ongoing crisis in and the Afghan peace and reconciliation process.

Quoting sources, Saudi Arabia is also expected to a trade deal with Pakistan worth USD 14 billion, marking the biggest deal ever signed in the history of Pakistan.

During Pakistan's Imran Khan's visit to Riyadh, last year in October, Saudi Arabia had already pledged a USD six billion packages for Pakistan to get rid of its balance-of-payments crisis and to uplift its plunging economy.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 12 2019. 05:44 IST
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