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Business & Finance

Visit of Crown Prince to start new era of ties: Fawad

ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain Friday said the visit of Saudi Crown Pri
Published February 16, 2019

ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain Friday said the visit of Saudi Crown Prince Muhammad bin Salman would be continuation of the new era of growing relationship started by Prime Minister Imran Khan among Pakistan, Saudi Arabia and other Arab countries.

Speaking at the launch of the Arab News newspaper here, he said Islamabad was decorated and people were eagerly waiting to give a warm welcome to Crown Prince Muhammad bin Salman, who on his arrival would be personally received by Prime Minister Imran Khan, adding the air force will fly past as the visit of Crown Prince will start.

He said a Supreme Coordination Council of Pakistan and Saudi Arabia had been set up. It would be headed by Crown Prince Muhammad bin Salman and Prime Minister Imran Khan and would work for implementation of agreements between the two countries and would remove hurdles coming in the way.

The Joint Working Group of the two countries would further coordinate for making progress in different sectors of the economy and business.

He referred to the statement of Prime Minister Imran Khan made at the World Government Summit in Dubai in which he stressed it was time to invest in Pakistan and invited businessmen to set up projects in  the country. The Arab countries had positively responded to the gesture of the premier and were ready to make investments, he added.

Fawad said during visit of the Saudi Crown Prince multiple agreements leading to huge investment in Pakistan would be signed. The investments would be the biggest in the last 10 years. High level delegations of the two countries would hold bilateral talks to promote cooperation in diverse fields.

The minister informed that Saudi Arabia planned to build two new cities which would provide numerous job opportunities for workers from Pakistan, adding Saudi Arabia had already cut visa fee for Pakistanis while Islamabad had relaxed visa regime for foreign visitors and would give incentives to Arab citizens who would visit and make investments in Pakistan.

Giving details of the visit, he said the President and the Prime Minister would host dinners during the two-day visit for the Saudi delegation and Pakistan would bestow its highest civil award on Crown Prince Muhammad bin Salman.

He said Pakistan had an important role in the Middle East and Prime Minister Imran Khan had begun a new era of cooperative relationship between Pakistan and Saudi Arabia.

Ties based on similar religious beliefs and cultural affinities between the two countries had grown from strength to strength over the generations since the time of King Abdul Aziz and now the relationship would enter a new phase built on business and investment. The Crown Prince considered Pakistan as his second home, he observed.

Fawad said when Pakistan Tehreek-e-Insaf (PTI) won the last general election and Imran Khan became the Prime Minister, he received the first call from Custodian of the Two Holy Mosques King Salman bin Abdul Aziz Al Saud.

He said the government and opposition were on the same page over the Saudi Crown Prince visit and the people of Pakistan were happy on his arrival.

He said launch of the Arab News was a welcome step and it showed that the interest of Arab countries was increasing in Pakistan, adding the publishing of Arab News would improve job market for Pakistani media persons.

Copyright PPI (Pakistan Press International), 2019

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