Sunday, 17 February, 2019

Congress trying to curtail allies like Saudi Arabia: Jubeir

Saudi Foreign Minister Adel al Jubeir said the murder was carried out by Saudi officials Saudi Foreign Minister Adel al Jubeir said the murder was carried out by Saudi officials"acting outside their scope of authority
Patty Aguilar | 14 February, 2019, 00:05

Saudi Arabia's Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud will be on a two-day state visit India next week when he will hold talks with Prime Minister Narendra Modi on a range of issues including energy security, trade and investment and defence.

A senior official at the ministry on Monday said that they had held consecutive meetings during the past few days for the goal and all relevant stakeholders had been taken on bard in this connection.

"The first ever visit by the Saudi crown prince is highly important for Pakistan and its economy", the BOI chief said.

The prime minister and President Arif Alvi will host the prince at luncheon and dinner respectively.

According to sources, the preparations are going with full swing for the maiden visit of the Saudi crown prince, who is due to arrive in Islamabad on February 16. However, two of the top hotels in Islamabad have been fully booked for his staff, while two others have been partially booked.

Responding to a question as to why Saudi Arabia has suddenly come up with huge investment plans in Pakistan, the board's chairman said, "The leadership of Prime Minister Imran Khan and his commitment of ensuring transparency in Pakistan are the reasons behind much ambitious foreign investment in the country".

Pakistan will also ask Saudi Arabia to take part in the privatisation of over $2 billion worth of LNG-fired two power plants, although the kingdom had earlier showed interest in buying those units only under a government-to-government deal. A Saudi source previously told MEE that Pompeo travelled to Saudi Arabia in November to hand Saudi rulers a plan to help them overcome worldwide pressure after the assassination.

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Apart from attending the Future Investment Initiative (FII) conference, the Pakistani premier also met with King Salman bin Abdul Aziz and Saudi Crown Prince Mohammad bin Salman to discuss matters of mutual interest.

This time also, Saudi Arabia has agreed to give United States dollars 3 billion annual oil facility on deferred payments, which can be rolled over for three years period.

Citing Saudi and American officials, the WSJ reported that the Saudi government has so far resisted attempts by Washington to pressure it to hold Qahtani accountable. The killing of Khashoggi has brought near unprecedented worldwide scrutiny on Saudi Arabia and its powerful crown prince.

During his visit, the Saudi Prince will also call on President Ram Nath Kovind.

In addition, Red Zone of the capital would remain under strict watch of the security forces, besides the other places that would be visited by the Crown Prince and members of his delegation.

The BOI chairperson highlighted the significance of the visit.

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