High level Saudi delegation led by FM to visit Pakistan today

A high-level Saudi delegation, led by Foreign Minister Prince Faisal bin Farhan bin Abdullah, will visit Pakistan from April 15 to April 16, a statement from the Foreign Office (FO) said.

This delegation comprises esteemed figures including Saudi Minister of Water and Agriculture Eng Abdul Rahman Abdul Mohsen Al-Fadley, Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef, Deputy Minister of Investment Badr AlBadr, Head of Saudi Special Committee Mohammad Mazyed Al Towaijri, and senior officials from the Ministry of Energy and Saudi Fund for General Investments.

The primary objective of the visit is to expedite the implementation of agreements made between Prime Minister Muhammad Shehbaz Sharif and Mohammad bin Salman, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, during their recent meeting in Makkah. This meeting underscored the mutual desire to elevate bilateral economic cooperation to new heights.

During their stay, the Saudi delegation is scheduled to engage in crucial meetings with key figures including the president, the prime minister, the foreign minister, Chief of Army Staff (COAS), and the apex committee of the Special Investment Facilitation Council (SIFC).

The statement further said that the visit is aimed at lending positive impetus to enhanced bilateral cooperation and mutually rewarding economic partnership.

In a joint statement of the meeting between PM Shehbaz and Crown Prince Mohammed bin Salman, Pakistan and Saudi Arabia affirmed their commitment to expediting the first phase of Saudi investment worth $5 billion in Pakistan.

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The Saudi crown prince hosted the prime minister at an Iftar feast in Makkah last Sunday. During the meeting, they discussed ‘fortifying’ the relations between the two countries and exploring avenues for enhanced collaboration across various sectors.

The joint statement released by Pakistan and the Kingdom of Saudi Arabia stated that the two sides ‘affirmed their commitment to expediting the first wave of investment package worth $5 billion which was discussed previously’.

The two sides underscored the importance of dialogue between Pakistan and India to resolve the outstanding issues between the two countries, especially the Jammu and Kashmir dispute to ensure peace and stability in the region.

The prime minister invited the crown prince to undertake an official visit to Pakistan, at the earliest convenience, which was accepted by the crown prince.

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