ISLAMABAD (AFP) – Pakistan is preparing to welcome Saudi Arabian Crown Prince Mohammed bin Salman for a state visit over the weekend, the Foreign Ministry confirmed yesterday, as Islamabad hopes to sign various investment deals to prop up its slumping economy.
The two-day visit will kick off on February 16 and include a raft of high-level talks with Prime Minister Imran Khan along with Pakistan’s military chief.
“During his stay, Pakistan and Saudi Arabia will be signing a number of agreements… related to diverse sectors,” Pakistan’s Foreign Ministry said in a statement.
“The two countries will also discuss ways and means to develop a robust follow-up mechanism to ensure effective implementation and quick progress on tangible areas of cooperation.”
Two five-star hotels have been fully booked by the Saudi delegation while the Kingdom’s elite royal guards arrived in Pakistan earlier this week to assist with security arrangements, according to a municipal official in Islamabad.
Riyadh and Islamabad, decades-old allies, have been involved for months in talks to iron out details of the deals in time for the crown prince’s visit.
Saudi Arabia is reportedly preparing to sign a record investment package with Pakistan.