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Pakistan, Saudi Arabia to sign $20 billion deals during crown princes visit

14 February 2019

It's been more than four months since Jamal Khashoggi, a dissident Saudi journalist, was killed in the kingdom's consulate in Istanbul.

The federal government will sign three vital Memorandums of Understanding with the Saudi Arabia government during the visit, said Haroon Sharif, the chairperson of the Board of Investment, this while talking to SAMAA TV on Tuesday.

A bipartisan group of senators sent a letter to Mr. Trump in October calling for an investigation and a decision on sanctions under the global Magnitsky Human Rights Act, which is aimed at punishing foreign government officials for human rights violations.

It alleged US intelligence agencies intercepted a 2017 conversation between Aldakhil and Mohammed bin Salman in which the crown prince threatened to kill Khashoggi if he did not stop criticizing the Saudi government and return to the kingdom.

The security team of the Saudi crown prince visited various places across the federal capital and reviewed security arrangements.

India is expecting Prince Mohammed to announce an initial investment in the National Investment and Infrastructure Fund, a quasi-sovereign wealth fund, to help accelerate the building of ports and highways, an official said. "We're thankful to the Saudi government for their investment in Pakistan". A Saudi source previously told MEE that Pompeo travelled to Saudi Arabia in November to hand Saudi rulers a plan to help them overcome worldwide pressure after the assassination.

We also welcome the Saudi announcement to set up oil refinery in Gwadar, said Fawad Chaudhry, adding it would be one of the biggest oil refineries in Asia.

But Saudi Arabia has a long history of detaining and murdering dissidents.

This time also, Saudi Arabia has agreed to give United States dollars 3 billion annual oil facility on deferred payments, which can be rolled over for three years period.

"Saudi Arabia has huge resources".

Furthermore, meetings will be held with Mohammed bin Salman to hand over two power plants based on Liquefied Natural Gas (LNG) to Saudi Arabia, with an expected investment of $2 billion. He said 40 major businessmen from the private sector are coming to Pakistan along with the top Saudi dignitaries. Pompeo had briefed lawmakers about the investigation but the secretary of state did not disclose any further details.

Just a day before, the New York Times reported that Saudi Crown Prince Mohammed bin Salman, widely considered to be implicated in the Khashoggi killing, said he would "use a bullet" on Khashoggi in 2017.

Pakistan, Saudi Arabia to sign $20 billion deals during crown princes visit