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

A handout picture provided by the Saudi Royal Palace shows Saudi Arabia's Crown Prince Mohammed bin Salman (R) welcoming Pakistani Prime Minister Shehbaz Sharif in Jeddah on April 30, 2022. (SPA)
A handout picture provided by the Saudi Royal Palace shows Saudi Arabia's Crown Prince Mohammed bin Salman (R) welcoming Pakistani Prime Minister Shehbaz Sharif in Jeddah on April 30, 2022. (SPA)
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01 May 2022 04:05:34 GMT9
01 May 2022 04:05:34 GMT9

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.

Reuters

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