Saudi Arabian crown prince Mohammed bin Salman signed $20 billion investment deals with Cash-strapped Pakistan during his Pak visit.The Soudi prince launched his Asia tour seeking help from nations to cope up with Khashoggi affair.
Seven important investment deals have been signed by Pakistan and Saudi in this visit.Pakistan gave the Saudi prince a red carpet welcome expecting relief from teetering economy.
Prime Minister Imran Khan thanked long-time ally Saudi Arabia for its support, adding: “Pakistan and Saudi Arabia are now taking this relationship to a level which (they) never had before.”
The prince will also visit India and arranged a meeting with PM Narendra Modi and with the Petrolium Minister Dharmendra Pradhan.Later he will head to China also.
The prince’s trip also includes an important economic component.
“China is the largest buyer of Saudi crude, and Saudi Arabia’s other largest clients are all Asian: India, Japan, South Korea,” said James M Dorsey, a researcher at the S. Rajaratnam School of International Studies in Singapore.
However,the Saudi prince’s two day visit to Pakistan was observed by world nations,as it is amidst rising tension between Pakistan-Iran,and Pak-India terrorist issues.