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Pakistan National Assembly speaker meets Saudi crown prince, urges deeper ties at Hajj luncheon
Pakistan National Assembly speaker meets Saudi crown prince, urges deeper ties at Hajj luncheon

Arab News

time11 hours ago

  • Business
  • Arab News

Pakistan National Assembly speaker meets Saudi crown prince, urges deeper ties at Hajj luncheon

ISLAMABAD: Pakistan's National Assembly Speaker Sardar Ayaz Sadiq met Saudi Crown Prince Mohammed bin Salman on Sunday at a luncheon hosted for Muslim leaders visiting the Kingdom for Hajj, expressing hope for even stronger ties between the two countries, according to an official statement. The meeting underscored a longstanding relationship rooted in economic, diplomatic and military cooperation. Saudi Arabia has repeatedly come to Pakistan's aid during financial crises, including through multibillion-dollar deposits in Pakistan's central bank and deferred oil payment facilities in the past. Such support has helped Islamabad shore up its foreign currency reserves and even unlock International Monetary Fund (IMF) bailout programs during periods of acute external financing pressure. 'Saudi Arabia has always stood by Pakistan in times of adversity,' Sadiq said during the meeting, thanking the crown prince for Riyadh's consistent backing. 'We hope that ties between Pakistan and Saudi Arabia will grow even stronger,' he added. According to the National Assembly, Crown Prince Mohammed bin Salman reiterated his commitment to addressing challenges facing the Muslim world. The speaker's meeting follows a two-day trip to the Kingdom last week by Prime Minister Shehbaz Sharif, who performed Umrah alongside Army Chief Field Marshal Syed Asim Munir and other senior officials. During the visit, Sharif thanked Saudi leadership for its role during last month's military standoff between Pakistan and India and praised Riyadh's efforts to promote regional and global stability. Pakistan and Saudi Arabia have also been expanding their economic ties. In October last year, the two countries signed business-to-business agreements and memoranda of understanding worth $2.8 billion aimed at boosting trade and investment.

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