Saudi Arabia, Pakistan sign three deals on China-Pakistan Economic Corridor

Saudi Crown Prince Mohammed bin Salman (R) meets with Pakistani Prime Minister Imran Khan in Jeddah on September 19, 2018. (Saudi Ministry of Media handout via AFP/File photo)
Updated 30 September 2018
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Saudi Arabia, Pakistan sign three deals on China-Pakistan Economic Corridor

  • The agreements will bring major investments to the China-Pakistan Economic Corridor (CPEC) projects
  • First delegation from KSA to arrive in Pakistan on Sunday

ISLAMABAD: Pakistan Information Minister Fawad Chaudhry announced on Thursday that Islamabad and Saudi Arabia have signed three major investment deals for China-Pakistan Economic Corridor (CPEC) projects.
He told the media: “Pakistan and Saudi Arabia have inked three agreements for grants. The first delegation from Saudi Arabia, comprising the chief of its investment and petroleum ministers, will be arriving in Pakistan on Sunday.”
Earlier, Nawaf bin Said Al-Malki, Saudi Ambassador to Pakistan, said that Islamabad and Riyadh have shared grief and joy together, and that the bonds of bilateral ties will be further strengthened through CPEC.
Al-Malki made his remarks as a chief guest at a ceremony organized by the International Islamic University Islamabad (IIUI) to celebrate Saudi Arabia’s 88th National Day on Monday.
He thanked the management of IIUI for arranging the ceremony and hoped the university would soon get positive news from Saudi Arabia.
“The leaderships of both the countries agreed on bilateral minister-level talks for cooperation and soon the KSA delegation will meet the relevant government officials,” he said.


Condemnation of attacks on Saudi Aramco oil plants continue

Updated 17 September 2019
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Condemnation of attacks on Saudi Aramco oil plants continue

  • Bahraini King calls Saudi leadership

RIYADH: Condemnations of Saturday’s attack on Saudi Aramco oil installations continued on Monday, as the US pointed out Iran as the likely culprit behind the drone strikes that have dramatically escalated tensions in the region and triggered a record leap in global oil prices.

King Salman and Crown Prince Mohammed bin Salman both received calls from the King Hamad bin Isa Al-Khalifa of Bahrain to condemn the attacks at Saudi oil facilities in Abqaiq and Khurais.

US Secretary of Defense Mark Esper called the crown prince, who is also the defense minister, to affirm his country's full support for the Kingdom.

British Foreign Secretary Dominic Raab said, “We will work with international partners to forge the widest and most effective response,” with a statement from his ministry saying the “UK remains committed to supporting the security of Saudi Arabia.”

India also slammed the attacks and reiterated the country’s “rejection of terrorism in all its forms and manifestations,” a foreign ministry spokesman said.

Official Spokesperson of the UN Secretary General Stephane Dujarric said in a statement that the Secretary General condemns Saturday's attacks on two Aramco oil plants.

The German Foreign Ministry spokeswoman said, “Such an attack on civilian and vital infrastructure in the Kingdom of Saudi Arabia is not justified”.

— with SPA