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Wednesday Jan 30 2019

Saudi crown prince to visit Pakistan in Feb, expected to sign $14bn investment deal

Mohamad Bin Salman is scheduled to address the nation during his visit. Photo: File 

ISLAMABAD: Saudi Crown Prince Mohammed bin Salman is expected to visit Pakistan from February 14-18, diplomatic sources informed Geo News.

The crown prince is also expected to address the parliament during his visit.

The diplomatic sources have informed that a trade deal worth $14 billion will be signed between Pakistan and Saudiq Arabia during the visit. The trade deal would be the biggest foreign investment in the country's history.

The premier is expected to discuss bilateral relations between the two countries and contemporary global developments including Yemen war and the Afghan peace process. 

In October, Prime Minister Imran Khan visited Riyadh where the prime minister tried to woo potential investors and secure funds for overcoming balance of payment crisis.

Apart from attending the Future Investment Initiative (FII) conference, the Pakistani premier also met with King Salman bin Abdul Aziz and Saudi Crown Prince Mohammad bin Salman to discuss matters of mutual interest.