Middle East

Saudi, Pakistan to discuss possible support for Kingdom’s $3bn deposit — statement

Sun, 2022-05-01 03:58

Saudi Arabia and Pakistan will discuss the possibility of supporting the kingdom’s $3 billion deposit in Pakistan’s central bank by extending its term “or through other options,” a joint statement carried by Saudi state news agency SPA said on Sunday.
Pakistan also welcomed a Saudi decision to extend an agreement to finance exports of crude oil products and oil derivatives, SPA reported.
The statement came after a visit by Pakistani Prime Minister Shehbaz Sharif to Saudi Arabia, where he met with Crown Prince Mohammed bin Salman.

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Pakistan PM Sharif arrives in Saudi Arabia


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