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The Kingdom's ambassador to Pakistan, Nawaf al-Maliki, said the visit of Crown Prince Mohammed bin Salman to Islamabad would witness the signing of nine new agreements between the two countries worth $ 32 billion.
Maliki said the visit would also see the establishment of a co-ordinating council between the two countries, led by Prince Mohammed bin Salman on the Saudi side and Prime Minister Imran Khan on the Pakistani side, with the Council scheduled to hold annual meetings at the executive level.
He added that the new agreements will cover several areas, including the creation of an oil refinery in the Pakistani port of Qawadar, worth 15 billion euros, in addition to the oil and gas industry. Saudi Maaden's investment in Pakistan, which can reach 6 billion investment.
He also pointed out that the agreements also provided for the injection of Saudi investments in renewable energies estimated at $ 4 billion and gave Pakistan preferential oil prices of $ 9 billion over three years, or 3 billion dollars. billion a year, as well as a $ 3 billion deposit to the Central Bank of Pakistan.
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