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

FILE PHOTO: Saudi Arabia's Crown Prince Mohammed bin Salman attends the opening of the G20 leaders summit in Buenos Aires, Argentina November 30, 2018. REUTERS/Sergio Moraes/File Photo

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.