ISLAMABAD: A high-level Saudi delegation is arriving in Pakistan today andis expected to sign important mega economic deals.
The delegation is expected to sign five important Memorandums ofUnderstanding (MoUs) with the government.
The Saudi delegation will include petroleum ministers as well as the Saudifinance minister and the energy minister, according to an announcement byInformation Minister Fawad Chaudhry.
The prospect of setting up oil refineries in Gwadar is likely to bediscussed by the delegation. According to sources, the Saudi officials areexpected to sign an agreement to sell petroleum products to Pakistan ondeferred payments.
During its six-day visit to Pakistan, the Saudi delegation will also signan MoU to make investments in the Balochistan Reko Diq gold and coppermines, sources said