Saudi media minister meets Pakistan’s top civil, military brass

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Saudi Minister of Media Dr. Awwad bin Saleh Al Awwad, left, called on Federal Minister for Foreign Affairs Makhdoom Shah Mahmood Quraishi in Islamabad on Sept. 8, 2018. (Photo courtesy: Press Information Department)
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Federal Minister for Finance Asad Umar, third left, presenting a memento to H.E. Dr. Awwad bin Saleh Al-Awwad, Saudi Arabia’s Minister of Media, in Islamabad on Sept. 8, 2018. (Photo courtesy: Press Information Department)
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Saudi Minister of Media Dr. Awwad bin Saleh Al Awwad, center, visited Pakistan's state run television during his visit. (Photo courtesy: Press Information Department)
Updated 09 September 2018
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Saudi media minister meets Pakistan’s top civil, military brass

  • Dr. Awwad Al-Awwad's visit further cements “historic ties”
  • Relations between Islamabad and Riyadh are moving beyond security and people-to-people contact, analysts say

ISLAMABAD: After attending the swearing-in ceremony for the 13th president of Pakistan, Saudi Arabia’s Media Minister, Dr. Awwad Bin Saleh Al-Awwad, engaged with the country’s top political and military leadership, as part of his three-day visit, on Sunday.
In addition to meeting Prime Minister Imran Khan and Army Chief Gen. Qamar Javed Bajwa, Al-Awwad also engaged with several government officials and media representatives to discuss the way forward in strengthening bilateral ties.
“The minister conveyed the message of felicitation to Prime Minister Imran Khan on behalf of Saudi Crown Prince Mohammed bin Salman. He also invited the prime minister to visit Saudi Arabia,” Pakistan’s state-run radio said, sharing details of the meeting, on its website.
Al-Awwad also “reaffirmed KSA’s full support to Pakistan in its efforts toward peace and stability,” a statement released by the Inter Services Public Relations, read.
On Saturday, Al-Awwad had called on Foreign Minister Shah Mahmood Qureshi, with Qureshi “emphasizing on the need to activate all existing institutional mechanisms between the two countries, to take bilateral relations to the next level.”
Qureshi also assured Al-Awwad of Pakistan’s continued support to the Kingdom in realizing its Vision 2030. “He invited Saudi investors to invest in Pakistan, which after completion of the CPEC, will become a market for a billion plus people,” the Foreign Office said in a statement.
Analysts say the plan is not far-fetched and possible because of Pakistan’s “historic relations with Saudi Arabia.”


Saudi Arabia to make biggest investment in Pakistan’s history – Umar

Updated 13 December 2018
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Saudi Arabia to make biggest investment in Pakistan’s history – Umar

  • Finance Minister says Islamabad has already received the first installment of the $1bn support package extended by Riyadh
  • Kingdom has also shown an interest in country’s largest coastal refinery

ISLAMABAD: Pakistan’s Finance Minister Asad Umar said on Thursday that an incoming investment package from Saudi Arabia had the potential to be “the biggest foreign investment in the country’s history”, reports in the Pakistani media said.
While addressing an event in Islamabad, Umar said: “The ball is in our court. It is going to the cabinet for approval next week, after which the announcement will be made.”
Following Prime Minister Imran Khan’s maiden visit to the Kingdom in September this year, a high-level Saudi delegation had visited Pakistan to discuss economic ties and investment opportunities.
Later, during PM Khan’s second visit to the country in October, both Pakistan and Saudi Arabia signed an agreement under which the Kingdom agreed to place a deposit of $3 billion for a period of one year to support Islamabad in its balance of payment crisis.
Both countries had also agreed that a one-year deferred payment facility for imported oil, up to $3 billion, will be provided by Saudi Arabia. This arrangement will be in place for three years, which will be reviewed thereafter.
Pakistan has already received the first tranche of $1 billion under the balance of payments support package extended by Saudi Arabia in November, with the second and third installments to be received in the next two months.
In recent months, Pakistan and Saudi Arabia have agreed to enhance their business and trade ties.
Saudi Arabia has also shown an interest to invest in Pakistan’s largest coastal refinery, a multibillion-dollar project being set up at Khalifa Point, near Hub in Balochistan. The details were confirmed to Arab News last month by Sher Afghan Khan, spokesman for the Ministry of Energy (petroleum division) and a board member of the Pak-Arab Refinery Limited (PARCO).