'Saudi Arabia plays vital role to strengthen Pakistan’s economy'

'Saudi Arabia plays vital role to strengthen Pakistan’s economy'

Minister for Information and Broadcasting, Chaudhry Fawad Hussain has said that visit of Saudi Crown Prince Mohammed bin Salman to Pakistan will take the relations between the two countries to the new heights. 

Talking to the Saudi media delegation in Islamabad, he said more MoUs with respect to Saudi investment in Pakistan are expected to be inked during the visit of Saudi Crown Prince.

The Information Minister said Saudi Arabia always played an important role to strengthen the economy of Pakistan.

He said Pakistan welcomes the program of the government of Saudi Arabia to set up oil refinery in Gwadar.

He said this oil refinery will be amongst one of the biggest oil refineries of Asia and will create employment opportunities as well.

Fawad Chaudhry said Pakistan and Saudi Arabia enjoy historic relations and these ties are very strong on the diplomatic level.

He said the program of visa policy for Saudi Arabia is also under consideration.

Meanwhile, talking to the delegation of Saudi media, the Finance Minister said that Pakistan welcomes Saudi companies to invest in various sectors including petro-chemicals and mining sector.

He welcomed Saudi Arabia participation in China Pakistan Economic Corridor projects.

Asad Umar said both the countries are now focused on providing opportunities to the youth to enable them play a key role in socio-economic development.