ISLAMABAD: Crown Prince Mohammed bin Salman praised Saudi Arabia’s strong relations with Pakistan during a meeting with Chief of Army Staff General Asim Munir, according to a statement circulated by the military’s media wing, Inter-Services Public Relations (ISPR), on Wednesday, adding he also assured of the kingdom’s continued support to Pakistan in the future.
Saudi Arabia and Pakistan have historically maintained close and cordial relations, though both nations have sought to deepen these ties in recent years by setting up the Saudi-Pakistan Supreme Coordination Council in May 2021 to enhance collaboration across various sectors and provide strategic direction to their ties.
The two countries also have long-standing defense ties, characterized by military cooperation, joint exercises and defense agreements. The strategic and security collaborations between them aims at addressing mutual concerns, particularly in the field of counterterrorism and enhancing regional security.
Pakistan’s army chief is currently on an official visit to the kingdom where, according to the Saudi Press Agency, he met the crown prince in Jeddah.
“HRH Prince Mohammed bin Salman highlighted that KSA and Pakistan have historic brotherly and strong relations, and both countries have always stood up for each other,” the ISPR said in the statement. “The Crown Prince also expressed desire to further strengthen the bilateral ties and that KSA will always standby with Pakistan in future as well.”
The statement added the meeting focused on wide ranging issues of mutual interest, including regional peace and security and bilateral defense cooperation.
Saudi Defense Minister Prince Khalid bin Salman, Chief of General Staff of Saudi Armed Forces General Fayyadh bin Hamed Al-Ruwaili and other officials were also present at the occasion.
Apart from their strong bilateral defense ties, Saudi Arabia has significantly aided Pakistan in navigating its financial challenges in recent years by providing substantial economic support, including deposits into Pakistan’s central bank, deferred payment facilities for oil imports and direct financial aid.
These measures have alleviated some of the pressure from Pakistan’s foreign exchange reserves and contributed to its fiscal stability during a critical economic period.
Saudi crown prince affirms strong ties, continued support in meeting with Pakistan’s army chief
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Saudi crown prince affirms strong ties, continued support in meeting with Pakistan’s army chief
- General Asim Munir is currently visiting Saudi Arabia where he met Prince Mohammed bin Salman in Jeddah
- The meeting focused on wide ranging issues, including regional security and bilateral defense cooperation
ADB, Pakistan sign over $300 million agreements to undertake climate resilience initiatives
- Pakistan ranks among nations most vulnerable to climate change and has seen erratic changes in weather patterns
- The projects in Sindh and Punjab will restore nature-based coastal defenses and enhance agricultural productivity
ISLAMABAD: The Pakistani government and the Asian Development Bank (ADB) have signed more than $300 million agreements to undertake two major climate resilience initiatives, Pakistan’s Press Information Department (PID) said on Tuesday.
The projects include the Sindh Coastal Resilience Sector Project (SCRP), valued at Rs50.5 billion ($180.5 million), and the Punjab Climate-Resilient and Low-Carbon Agriculture Mechanization Project (PCRLCAMP), totaling Rs34.7 billion ($124 million).
Pakistan ranks among nations most vulnerable to climate change and has seen erratic changes in its weather patterns. In 2022, monsoon floods killed over 1,700 people, displaced another 33 million and caused over $30 billion losses, while another 1,037 people were killed in floods this year.
The South Asian country is ramping up climate resilience efforts, with support from the ADB and World Bank, and investing in climate-resilient infrastructure, particularly in vulnerable areas.
“Both sides expressed their commitment to effectively utilize the financing for successful and timely completion of the two initiatives,” the PID said in a statement.
The Sindh Coastal Resilience Project (SCRP) will promote integrated water resources and flood risk management, restore nature-based coastal defenses, and strengthen institutional and community capacity for strategic action planning, directly benefiting over 3.8 million people in Thatta, Sujawal, and Badin districts, according to ADB.
The Punjab project will enhance agricultural productivity and climate resilience across 30 districts, improving small farmers’ access to climate-smart machinery, introducing circular agriculture practices to reduce residue burning, establishing testing and training facilities, and empowering 15,000 women through skills development and livelihood diversification.
Earlier this month, the ADB also approved $381 million in financing for Pakistan’s Punjab province to modernize agriculture and strengthen education and health services, including concessional loans and grants for farm mechanization, Science, Technology, Engineering and Mathematics (STEM) education, and nursing sector reforms.
