Saudi Arabia to join CPEC soon: Envoy

By Indo Asian News Service | Friday, September 22, 2017 | 8:08:03 PM IST (+05:30 GMT) Comment 0 Comment

Islamabad, Sep 22 (IANS) Saudi Arabia will soon join the China-Pakistan Economic Corridor (CPEC) and make investments at Gwadar Port to play a role in the progress and prosperity of Pakistan, a top official has said.

Islamabad, Sep 22 (IANS) Saudi Arabia will soon join the China-Pakistan Economic Corridor (CPEC) and make investments at Gwadar Port to play a role in the progress and prosperity of Pakistan, a top official has said.

According to the News International, Saudi Ambassador to Pakistan Nawaf Saeed Ahmed Al-Malkiy, in an interview to the daily said that both the countries were taking measures to strengthen "fraternal and trade ties".

"More than three million Pakistanis are playing their role in the progress and prosperity of Saudi Arabia," Al-Malkiy said, referring to Pakistani immigrants working in Saudi Arabia.

He added that Saudi Arabia's investment in the CPEC would allow the Kingdom to play a similar role in Pakistan.

The CPEC is a flagship project of China's Belt and Road initiative. The 3,000 km, over $50 billion corridor stretches from Kashgar in western China to Gwadar port in Pakistan on the Arabian sea.

The ambassador added that bilateral relations between Pakistan and Saudi Arabia would be further strengthened through the exchange of cultural delegations.

He added that in the coming weeks, an initiative would be started whereby Pakistani students would be offered scholarships to study in Saudi Arabia's universities, the News International reported on Friday.

In August, during a visit to Jeddah, Prime Minister Shahid Khaqan Abbasi had shown appreciation for Saudi Crown Prince Muhammad bin Salman Al Saud's "Vision 2030" plan - a project to diversify and modernise the Saudi economy.

Abbasi had assured the Prince of continued cooperation and collaboration to the benefit of both Islamic countries.

Referring to the meeting in Jeddah, the ambassador said that new avenues will be explored for enhancing trade volumes between the two countries.

--IANS

soni/bg

Do you like this article?

Copyright  Indo-Asian News Service

User Rating  Rating(0 Votes)

Views  22

Readers Feedback & Discussion

Join India Forums for free to comment on this story. Have an account already? Login to comment.

News Pakistan Articles Index

  

Articles in Asia, Pakistan

Art - Culture Business Diaspora
Education Health Politics
Religion Sports Sci-Tech
Travel

AROUND THE WORLD NOW

Asia America Australia
Africa Europe Gulf-Middle East
Pakistan Nepal Bhutan
Sri Lanka Bangladesh Maldives

Disclaimer: All Logos and Pictures of various Channels, Shows, Artistes, Media Houses, Companies, Brands etc. belong to their respective owners, and are used to merely visually identify the Channels, Shows, Companies, Brands, etc. to the viewer. Incase of any issue please contact the webmaster.