Saudi crown prince begins Asia tour with $20 billion Pakistan investment pledge

Saudi crown prince begins Asia tour with $20 billion Pakistan investment pledge

Drazen Jorgic, Asif Shahzad


Pakistani Prime Minister Imran Khan (R) greets Saudi Arabia’s Crown Prince Mohammed bin Salman on his arrival at Pakistan Air Force (PAF) Nur Khan Base in Rawalpindi, Pakistan February 17, 2019. Press Information Department (PID)/Handout via REUTERS

ISLAMABAD (Reuters) – Crown Prince Mohammed bin Salman on Sunday said Saudi Arabia has signed investment agreements worth $20 billion (£15.5 billion) during his high-profile visit to Pakistan, where tensions were flaring up with nuclear-armed rival India.

Kicking off his tour of South Asia and China with a far higher Pakistan investment than expected, the crown prince said the $20 billion figure represents only the start of an economic tie-up that would bring the historic Muslim allies even closer.

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