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Home / World / Saudi Arabian Crown Prince Mohammed Bin Salman signs $ 20 billion deal with cashless Pakistan

Saudi Arabian Crown Prince Mohammed Bin Salman signs $ 20 billion deal with cashless Pakistan



Islamabad:

Saudi Arabia and Pakistan signed a series of investment agreements worth up to $ 20 billion on Sunday for the poor South Asian country when Saudi Crown Prince Mohammed bin Salman launched his Asia tour to Get Out of the Khashoggi

Pakistan faces a serious balance of payments crisis and hopes the deals – seven separate agreements and Memorandums of Understanding – will provide a welcome relief to its volatile economy.

The Crown Prince, widely known as "MBS", is hosting the high-profile three-country visit five months after he came under pressure following the assassination of journalist Jamal Khashoggi in the Saudi consulate in Istanbul. 1

9659003] Prime Minister Imran Khan thanked his longtime ally Saudi Arabia for his support, adding, "Pakistan and Saudi Arabia are bringing this relationship to a level they never had before."

Khan has already visited Saudi Arabia two years ago Time since he came to power last summer.

Last Sunday, MBS was greeted with a booming salute with 21 guns and warmly welcomed by Khan and the powerful army chief General Qamar Javed Bajwa as he flanked on a red carpet by an honor guard at a military airfield near Islamabad.

The two-day visit to Pakistan is fraught with tensions Accompanied in the region: India and Saudi Arabia's arch rival Iran – both bordering on Pakistan – have accused Islamabad of supporting terrorist groups that have carried out bloody suicide bombings on their soil in recent days.

MBS will travel to India after visiting Pakistan, where he will meet Prime Minister Narendra Modi and Minister of Petroleum Dharmendra Pradhan 9003] He is expected to complete the trip on Thursday and Friday with a visit to China.

The trip to Asia comes after the murder of Khashoggi, a fierce critic of MBS, has triggered a diplomatic crisis.

Riyadh denied the initial murder, issued several conflicting accounts of Khashoggi's death, and now claims he was killed in an unauthorized operation.

Turkey said it has not yet revealed all the information revealed in the case that triggered a global wave of disgust and thoroughly tarnished the Crown Prince's reputation.

"Not A Pariah"

But for analysts the Asia Tour – the biggest excursion of the Saudi royal family since its participation in the G20 summit in Argentina last December – is a timely demonstration in the West, that he still has friends in the emerging Asia.

He "wants to show that he is not an international pariah," said James M. Dorsey, a researcher at the S. Rajaratnam School of International Studies in Singapore.

It must be proved that he still has "international access and that he can act as the highest representative of Saudi Arabia after the king".

Li Guofu, director of Middle East Studies at the China Institute of International Studies, a government-affiliated think tank, noted that the visit to Khashoggi in Western countries continued to cause "outrage", "an uncomfortable visit."

West does not mean that he can not come to the East. Saudi Arabia also makes strategic adjustments, and Asia is the new mainstream of Saudi diplomacy, "he said.

Asian countries, he added," have an important peculiarity – that is, we do not interfere with one another's internal affairs

The Prince's Journey also contains an important economic component.

"China is the largest consumer of Saudi crude oil, and the other largest customers in Saudi Arabia are all Asians: India, Japan, South Korea," said Dorsey.

"Asia is a source of investment in golf's energy and infrastructure investments; and the future growth of the global economy will be in Asia, "said Karen Young, an analyst at the American Enterprise Institute.

Taliban" In Islamabad "

The Crown Prince's visit to Islamabad arrives The Taliban seemed one According to the spokesman for the group, the group's spokesman said that the talks with the US, which is due to take place in Pakistan this week, have not been postponed.

Neither Washington nor Pakistan confirmed that the recent talks the Taliban had previously claimed should take place in Islamabad.

Saudi Arabia and Pakistan are both involved in a month-long Washington push to end the conflict in Afghanistan.


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