Saudi Arabia will invest Rs 8.34 thousand crore in Pakistan’s mining sector

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Saudi Foreign Minister Faisal bin Farhan Al Saud
Saudi Foreign Minister Faisal bin Farhan Al Saud

INVC NEWS
Saudi : The Saudi Arabia will soon invest Rs 8.34 thousand crore in projects related to copper and gold mining in Pakistan. Saudi Foreign Minister Faisal bin Farhan Al Saud recently went on a 2-day visit to Pakistan. Know in this story why Saudi helps Pakistan despite its poor economic and security conditions.

According to media reports, during this time the deal was discussed between the two countries. Meanwhile, Pak Army Chief General Asim Munir also met Saudi Assistant Defense Minister Major General Abdullah Al-Otaibi. During this, defense production and military training were also discussed between the two countries. Earlier, Pakistan Prime Minister Shahbaz Sharif had gone to Saudi Arabia on the occasion of Eid-ul-Fitr. The Crown Prince Mohammed bin Salman had invited him to an Iftar party.

Saudi has always stood by Pakistan amidst economic crisis and political turmoil. In July last year, Saudi had given a loan of 2 billion dollars to Pakistan. Till 2020, Saudi was at number one among the countries giving loans to Pakistan.

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