Saudi Crown Prince signs $20 billion in agreements with Pakistan

18 February 2019

Saudi Arabia has signed agreements with Pakistan worth $20 billion on Sunday. The Saudi royal met with Pakistan Prime Minister Imran Khan in a red-carpet welcome at the Chaklala military airport in the garrison city of Rawalpindi. It became before moving to a welcoming ceremony at Khan's residence, where the deal on investments is reported to have taken place.

Pakistan is welcoming the crown prince with open arms for a visit during which he is expected to sign investment agreements for a $10 billion refinery and petrochemicals complex in the coastal city of Gwadar. The crown prince arrived in Pakistan on Sunday at the start of his tour of South Asia and China. The trip comes days after a suicide bomber killed 44 Indian paramilitary police in the disputed Kashmir region.