Saudi military acknowledges Pakistan's role for regional stability

A Pakistan Navy ship Aslat fires rounds during the multinational naval exercises 'AMAN-19' in the Arabian Sea near Pakistan's port city of Karachi on February 11, 2019. ( AFP/ File Photo)
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Updated 23 January 2021
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Saudi military acknowledges Pakistan's role for regional stability

  • Pakistani naval chief Admiral Muhammad Amjad Khan Niazi is on his first official visit to Saudi Arabia
  • Visit expected to enhance cooperation between the two countries and their navies in particular

ISLAMABAD: Saudi military leaders have expressed their appreciation of Pakistan's contributions to regional peace and stability during the Pakistani naval chief's ongoing visit to Riyadh, the Pakistani Navy said on Friday.

Admiral Muhammad Amjad Khan Niazi arrived in Riyadh on Monday night on his first official visit to Saudi Arabia. He will remain in the kingdom until Saturday.

According to a statement by the Pakistani Navy, he has met with Saudi Arabia’s Chief of the General Staff Gen. Fayyad bin Hamed Al-Ruwaili and the commander of the Royal Saudi Naval Forces, Vice Admiral Fahd bin Abdullah Al-Ghufaili.  




The photograph released by the Pakistan Navy on Jan. 22, 2021, shows Pakistani naval chief Admiral Muhammad Amjad Khan Niazi, left, and commander of the Royal Saudi Naval Forces, Vice Admiral Fahd bin Abdullah Al-Ghufaili, during their meeting in Riyadh. (Photo courtesy: Pakistan Navy)

"The dignitaries acknowledged brotherly relations between Pakistan & Saudi Arabia and appreciated the contributions of Pakistan in spearheading various initiatives for maintaining peace and stability in the region," the Pakistani Navy said.

Admiral Niazi has received a guard of honor upon his arrival at the Royal Saudi Naval Forces (RSNF) headquarters in Riyadh, where he also visited the RSNF command and control center.




The photograph released by the Pakistan Navy on Jan. 22, 2021, shows Pakistani naval chief Admiral Muhammad Amjad Khan Niazi, second left, receiving a guard of honor upon his arrival at the Royal Saudi Naval Forces (RSNF) headquarters in Riyadh. (Photo courtesy: Pakistan Navy)

During his meetings with Gen. Al-Ruwaili and Vice Admiral Al-Ghufaili, "matters of mutual interest and bilateral defense ties were discussed," the Pakistani Navy said, adding that the role of Pakistan in training the RSNF was also appreciated.

"This visit is expected to greatly enhance the bilateral cooperation between both the countries in general and navies in particular," the statement read.

The Pakistani and Saudi navies have enjoyed close relations for decades. The Pakistani Navy provided training to Saudi officers and sailors during the Saudi Navy’s formative years, while Saudi Arabia has given the Pakistan Navy free-of-cost fuel on many occasions.


Pakistan, ADB sign $730 loan agreements to boost SOE reforms, energy infrastructure

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Pakistan, ADB sign $730 loan agreements to boost SOE reforms, energy infrastructure

  • Both sign $330 million Power Transmission Strengthening Project and $400 million SOE Transformation Program loan agreements
  • Economic Affairs Division official says Transmission Project will secure Pakistan’s energy future by strengthening national grid’s backbone

KARACHI: Pakistan and the Asian Development Bank (ADB) on Thursday signed two loan agreements totaling $730 million to boost reforms in state-owned enterprises (SOEs) and energy infrastructure in the country, the bank said.

The first of the two agreements pertains to the SOE Transformation Program worth $400 million while the second loan, worth $330 million, is for a Power Transmission Strengthening Project, the lender said. 

The agreements were signed by ADB Country Director for Pakistan Emma Fan and Pakistan’s Secretary of Economic Affairs Division Humair Karim. 

“The agreements demonstrate ADB’s enduring commitment to supporting sustainable and inclusive economic growth in Pakistan,” the ADB said. 

Pakistan’s SOEs have incurred losses worth billions of dollars over the years due to financial mismanagement and corruption. These entities, including the country’s national airline Pakistan International Airlines, which was sold to a private group this week, have relied on subsequent government bailouts over the years to operate.

The ADB approved the $400 million loan for SOE reforms on Dec. 12. It said the program seeks to improve governance and optimize the performance of Pakistan’s commercial SOEs. 

Karim highlighted that the Power Transmission Strengthening Project will enable reliable evacuation of 2,300 MW from Pakistan’s upcoming hydropower projects, relieve overloading of existing transmission lines and enhance resilience under contingency conditions, the Press Information Department (PID) said. 

“The Secretary emphasized that both initiatives are transformative in nature as the Transmission Project will secure Pakistan’s energy future by strengthening the backbone of the national grid whereas the SOE Program will enhance transparency, efficiency and sustainability of state-owned enterprises nationwide,” the PID said. 

The ADB has supported reforms by Pakistan to strengthen its public finance and social protection systems. It has also undertaken programs in the country to help with post-flood reconstruction, improve food security and social and human capital. 

To date, ADB says it has committed 764 public sector loans, grants and technical assistance totaling $43.4 billion to Pakistan.