ISLAMABAD: Pakistan and Saudi Arabia will sign eight memorandums of expertise (MoUs) for the duration of the coming go to of Crown Prince Mohammad bin Salman and also will institute a comply with-up mechanism for implementation of the agreements.
Addressing a news convention, overseas Minister Shah Mehmood Qureshi, who changed into observed through Information Minister Fawad Chaudhry and prime Minister’s Adviser on trade Abdul Razak Dawood, said the crown prince’s visit might assist in addition strengthen the fraternal ties among the two nations.
“i am immensely satisfied that there may be a qualitative change in our ties and this course could continue within the destiny,” he told reporters at the press convention.
The crown prince will attain Pakistan on Feb sixteen. After finishing the visit, he'll go away for Malaysia on Feb 17 from wherein he's going to travel to India on Feb 19.
Shah Mehmood Qureshi says 8 MoUs to be signed by means of Islamabad, Riyadh
Crown Prince Mohammad bin Salman, who may be observed at the go to via a high-powered delegation such as contributors of the Saudi royal circle of relatives, key ministers and leading businessmen, will meet President Dr Arif Alvi, prime Minister Imran Khan, army chief Gen Qamar Bajwa and a Senate delegation.
Mr Qureshi stated the crown prince might oversee the signing of 8 MoUs on funding, finance, strength, renewable power, internal protection, media, tradition and sports activities.
it's miles difficult to quantify the investment those MoUs would bring, but it's miles believed that Saudis are considering making an investment as much as $12 billion in near destiny. The most important mission to be undertaken is the putting in place of a refinery and probable a petrochemical complicated in Gwadar.
Mr Qureshi underlined the preparatory method between Pakistan and Saudi Arabia that preceded the go to. “the improvement team has long past back after the discussions and the MoUs are being prepared in the light of these talks and the selections taken there,” he stated.
“the two nations may also talk approaches and approach to increase a strong follow-up mechanism to make certain powerful implementation and short progress on tangible regions of cooperation,” the FO declaration said.
The Saudi ministers accompanying the crown prince will, in the meantime, meet their counterparts to discuss bilateral cooperation of their respective fields. A assembly of the businessmen is also deliberate at the sidelines of the visit to discuss possibilities of collaboration inside the private sector.
facts Minister Fawad Chaudhry told journalists that Pakistan was playing a great position within the middle East.
overseas Minister Qureshi stated he might attend a conference at the Afghan problem in Munich. He's going to leave for Germany on Thursday, where except attending the convention, he'll meet Afghan President Ashraf Ghani.
Mr Qureshi and Mr Ghani will co-chair a meeting in which they will present their respective nations’ attitude at the evolving state of affairs in Afghanistan and the place.
about development in members of the family with the usa, the foreign minister said “unease” within the ties had now ended.
posted in sunrise, February 14th, 2019