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Saudi crown prince's US$20bil Pakistan investment pledge


Left: Khan (R) greets Saudi Arabia's Crown Prince Mohammed bin Salman on his arrival at Pakistan Air Force (PAF) Nur Khan Base in Rawalpindi. Right : Khan (L) drives a vehicle as he receives Crown Prince Mohammed bin Salman on his arrival at the Nur Khan Base. - Reuters

Left: Khan (R) greets Saudi Arabia's Crown Prince Mohammed bin Salman on his arrival at Pakistan Air Force (PAF) Nur Khan Base in Rawalpindi. Right : Khan (L) drives a vehicle as he receives Crown Prince Mohammed bin Salman on his arrival at the Nur Khan Base. - Reuters

ISLAMABAD: Crown Prince Mohammed bin Salman on Sunday said Saudi Arabia has signed investment agreements worth US$20 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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