A vessel of investment deals has been inked between Pakistan and Saudi Arabia worth up to $20 billion for the cash devastated South Asian Country, as Saudi Crown Prince Mohammed Bin Salman introduced his Asia tour asking to emerge from Khashoggi affair. Pakistan is countering a serious balance of payments crisis and expectations about the deals including seven different agreements and Memorandums of Understanding which will allow welcome relief to its toddling economy.
The Saudi Crown Prince, who is diversely known as “MBS”, is mounting the high profile three-country visit five months after he came under intense pressure following the murder of journalist Jamal Khashoggi at the Saudi consulate of Istanbul. He got a warm greeting from Pakistan.
Pakistani Prime Minister Imran Khan gave thanks to their decade long ally Saudi Arabia for their support, including “ Pakistan and Saudi Arabia are now taking this relationship to a level which (they) never had before”.
During taking the baton of the power in the last summer, Imran Khan already visited Saudi Arabia twice. MBS was welcomed with booming 21 salutes and was warmly seized by Khan and sturdy army Chief General Qamar Javed Bajwa as he moved onto a red carpet edged by an honor guard at a military Airbus near Islamabad. The two-day long tour to Pakistan comes in the midst of high tensions in the region: Saudi Arabia’s arch-rival Iran and India both surrounding Pakistan – have charged Islamabad of supporting terror groups which have continued bloody suicide attacks on their soil in the recent days.