PM to visit Saudi Arabia on September 19

Pakistan

PM to visit Saudi Arabia on September 19

Prime Minister, Imran Khan will visit Saudi Arabia enroute to New York on September 19, 2019, aimed at reminding the Crown Prince, Muhammad Bin Salman of pledges made during his visit to Pakistan, well informed sources told Business Recorder. PM Imran Khan is consulting with his close aides on follow-ups/updates on the commitments made by the Crown Prince, the sources added.

"PM will remind the Crown Prince that though he fulfilled his commitment with respect to release of prisoners and depositing $3 billion in State Bank of Pakistan and sale of oil on deferred payment, nothing concrete has come to Pakistan with respect to investment in refinery or chemical sector," the sources added. Saudi Arabia recently invested $75 billion in India to acquire 20 per cent stake in Reliance Industries. Initially, Prime Minister intended to visit the UAE but this idea has been shelved.

Copyright Business Recorder, 2019

the author

MUSHTAQ GHUMMAN

I did graduation from the Government Murray College Sialkot and MSc in Psychology from the University of Punjab. I am in journalism since 1990. I worked in Daily Nawa-i-Waqt as sub editor and staff reporter in Daily Pakistan and Daily Din prior to joining Daily Business Recorder. I have been associated with this newspaper since 2000 as staff reporter. Energy Sector, Commerce / Trade and Industries are key areas of my interest. I have also the credit of exposing number of scams like Rental Power Plants (RPPs), LNG, sugar import, etc.

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