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Pakistan with cash belt rolls out red carpet for Saudi Crown Prince Mohammed Bin Salman



A billboard depicting portraits of Prince Mohammed bin Salman and Imran Khan in Islamabad (AFP)

Islamabad:

Under increased security, cashless Pakistan was ready to receive Saudi Crown Prince Mohammed bin Salman on Sunday The First Journey to Islamabad was delayed by one day. There was unrest in the inner circle of the Pakistani government that the Saudi prince could cancel the trip for security reasons, after tensions had been built between Pakistan and India after the terrorist attack on CRPF soldiers Jammu and Pulwama from Kashmir.

] There was relief among the Pakistani officials when the State Department announced Friday night that the de facto ruler of the Gulf Kingdom would arrive on Sunday. No reason was given for the re-planning of the prince's planned arrival. However, the duration of two days was neither shortened nor the meetings and investment plans.

Saudi Arabia said Friday it stands in the fight against terrorism and extremism in India and described the Pakistan-based attack as a "coward" terrorist group Jaish-e-Mohammed (JeM) that has killed 40 CRPF soldiers.

The Crown Prince, visiting Pakistan at the invitation of Prime Minister Imran Khan, is welcomed on the red carpet by Khan's official residence after his arrival at Noor Khan Airfield in Rawalpindi.

According to official information, the prince is received by Mr. Khan and members of his cabinet at the airfield. He is accompanied by a high-level delegation including members of the Saudi royal family, important ministers and business people.

This is his first official visit to Pakistan since his appointment as Crown Prince in April 201

7. During his visit, Muhammad bin Salman will also meet Pakistani army chief General Qamar Javed Bajwa.

Pakistan and Saudi Arabia will sign a series of agreements in several sectors. According to Mr Khan's adviser on trade, Razzak Dawood, agreements worth US $ 10 to 15 billion are being signed, including one on Saudi Arabian investments to build an oil refinery. Once the refinery is ready, it will help save about $ 1.25 billion in import bills.

Saudi Arabia has helped in recent months to keep the economy short of cash by stopping the rapidly dwindling foreign exchange reserves with a $ 6 billion loan, which led to breathing space in Islamabad as he negotiated a rescue operation with the International Monetary Fund.


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