While noting that no dates for a future visit have yet been set, interim foreign minister Jalil Abbas Jilani stated on Saturday that Pakistan hopes Saudi Crown Prince and Prime Minister Mohammed Bin Salman will visit Pakistan.
The foreign minister stated in an interview with Aaj TV that the Saudi Crown Prince’s visit will be of the utmost significance because the nations that make up the Gulf Cooperation Council (GCC) have displayed a great deal of interest in investing in Pakistan since the establishment of the Special Investment Facilitation Council (SIFC).
Nearly 12 agreements and formal letters of understanding (MoUs), according to the foreign minister, have been finalized and will be signed during the high-level visit from Saudi Arabia.
Jilani claimed that Saudi Arabia and GCC nations had investments in industries like agriculture, information technology, mining, minerals, and energy without presenting details of the above agreements and MoUs.
According to the minister, the SIFC was established to hasten the process of drawing foreign investment to Pakistan.
Army Chief General Asim Munir claimed that the Saudi prince promised to invest $25 billion in Pakistan through the SIFC during a recent meeting with businessmen.
According to reports, the Army Chief reportedly requested $10 billion from the Saudi prince to help the nation with its foreign exchange problems.
Saudi Arabia’s team to the two-day G20 Leaders Summit is being instructed by the Crown Prince right now in New Delhi, India.