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Saudi Arabia signs deals worth $20 bn with Pakistan

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IANS Riyadh
Last Updated : Feb 18 2019 | 2:30 AM IST

Saudi Crown Prince Mohammed bin Salman on Sunday signed with Pakistan eight agreements worth $20 billion, the media reported.

One of the agreements is about Saudi Arabia's Aramco-run refinery in the Pakistani port of Gwadar, one of the world's largest refineries, at a value of $10 billion, Xinhua reported citing the Al Arabiya TV.

"Pakistan is a dear country to the Saudi people and we will be partners as we have always been," Al Arabiya quoted the Saudi Crown Prince as saying.

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Saudi Arabia and Pakistan are working together to expand economic partnership, particularly in the tourism sector, he added.

The Crown Prince is currently on a two-day official visit to Pakistan, the first leg of his Asian tour, starting Sunday.

He is scheduled to visit India and China later.

--IANS

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First Published: Feb 18 2019 | 2:20 AM IST

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