Pakistan on Wednesday said that Saudi Crown Prince Mohammad bin Salman will arrive in Islamabad on Saturday on a two-day visit during which a number of agreements worth billions of dollars investment in the country would be signed.
Mohammad, who is also the Gulf Kingdom's vice president of the council of ministers and defence minister, will arrive here on February 16 on his first state visit to Pakistan since his elevation to the position of the crown prince in April 2017, the Foreign Office said.
During his visit, Pakistan and Saudi Arabia will be signing a number of agreements and MoUs in diverse sectors, including investment, finance, power, renewable energy, internal security, media, culture and sports, it said.
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.
The Saudi ministers accompanying the crown prince will meet their counterparts to discuss bilateral cooperation in their respective fields.
On the sidelines of the visit, businessmen of the two countries will also meet to discuss opportunities of collaboration in the private sector.
Saudi Arabia has committed USD 6 billion to Pakistan as part of a bailout package to help shore up Islamabad's dwindling foreign currency reserves.
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