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Crown prince invites PM Imran to visit Saudi Arabia

Pakistan, Saudia agree to diversify, impart strategic direction to ties

by The Frontier Post


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Written by The Frontier Post


JEDDAH (APP): Pakistan and Saudi Arabia have agreed to give a strategic direction to their bilateral relations through a Saudi-Pakistan Supreme Coordin-ation Council and diversify the existing bilateral political, economic, trade, defence and security ties.

The bilateral ties were discussed in the meeting between Saudi Crown Prince Mohammed bin Salman and Prime Minister Imran Khan who arrive here Friday on three-day official visit to the Kingdom, according to a PM Office statement.

Following the meeting, both the leaders signed an agreement on Establishm-ent of the Saudi-Pakistan Supreme Coordination Council (SPSCC) what Imran Khan hoped would play a catalytic role in fostering enhanced bilateral cooperation in all fields.

The Council, co-chaired by the Prime Minister and the Crown Prince, is designed to impart strategic direction to the development of Pakistan-Saudi relations.

During the meeting, the two leaders agreed to further strengthen, deepen and diversify the existing bilateral political, economic, trade, defence and security ties.

Special emphasis was laid on increasing Saudi investments in Pakistan, collaboration in the field of energy, and increased job opportunities for Pakistanis in Saudi Arabia.

Both the sides also held wide-ranging talks on bilateral, regional and international issues marked by “exceptional cordiality and a commitment to fortify the upward trajectory in the bilateral relationship.”

The prime minister conveyed sincere regards to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and thanked the Crown Prince for his invitation to him to visit the Kingdom. He also expressed gratitude for affording him the opportunity to visit the two Holy Mosques during the special days of Ramazan.
 
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This 20 billion dollar is just a tactic to show day dreams, and will not going to materialized and this script will continue like that for next decades for us as well.

What we got will some credit oil some relax loan, and some other chandaa

All kSA big investment will be in India, this is the reality fact, Pakistan governments mismanagement also part for this.
 
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KSA acknowledges PM Khan's vision for regional peace, says Saudi FM

  • Al Saud says PM Imran's visit to the Kingdom of Saudi Arabia is important in the history of mutual relations between the two countries
  • More job opportunities are being made available for Pakistan manpower in the kingdom: Saudi FM

Fahad Zulfikar
09 May 2021



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(Karachi) Saudi Arabia's Minister of Foreign Affairs Faisal bin Farhan Al Saud has said that the kingdom acknowledges the vision of Pakistani Prime Minister Imran Khan for regional peace and prosperity, Radio Pakistan reported.

In an interview, he said that PM Imran's visit to the Kingdom of Saudi Arabia is important in the history of mutual relations between the two countries.

He said that historical relations of seven decades between both countries are very important.

Faisal bin Farhan said that a large number of Pakistanis are working in Saudi Arabia and playing a vital role in its development. He said that the Pakistani workforce is being provided best facilities in accordance with Saudi laws.

He said that more job opportunities are being made available for Pakistan manpower in the kingdom and his country will welcome more talented labor from Pakistan.

The Saudi foreign minister said investors can get benefits of investment opportunities available in both countries. To a question, he said that peace in Afghanistan is not only important for a peaceful Pakistan and the region as well.

The KSA Foreign Minister Faisal bin Farhan Al Saud also welcomed the reduction in tensions between Pakistan and India and said that his country will continue to play its role in improved relations between the two neighbors.

Earlier, Foreign Minister Shah Mahmood Qureshi said that Prime Minister Imran Khan's visit to Saudi Arabia is of key significance in view of developments taking place in the region particularly the Afghan peace process and security situation in South Asia.

Qureshi said Pakistan and Saudi Arabia enjoy deep-rooted strategic ties based on trust and confidence.
He maintained that the newly established Saudi-Pakistan Supreme Coordination Council will provide the opportunity for both the countries to further strengthen their economic and security cooperation in an institutionalized manner.
 
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What about the 50 years OIL supply deal just signed between KSA and China.. or you just mention what suits you..

What deal?

CEO Amin Nasser told the China Development Forum on Sunday

“Ensuring the continuing security of China’s energy needs remains our highest priority – not just for the next five years but for the next 50 and beyond,” Nasser said in a video speech.

That's not a deal That's the CEO trying to sell oil to the Chinese.
 
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Pakistan concentrated on geo-economics, regional peace efforts: FM Qureshi


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Foreign Minister Shah Mahmood Qureshi says Pakistan is focused on geo-economics, connectivity and efforts for peace and development in the region.

He was talking to his Saudi counterpart, Prince Faisal bin Farhan Al Saud in Jeddah today.

Prince Faisal lauded Pakistan's approach and highlighted Kingdom's efforts for peace in the region.

Shah Mahmood Qureshi appreciated the positive role being played by the Kingdom for promoting peace, security and development in the region.

The two Foreign Ministers reiterated their mutual desire to further strengthen cordial relations between the two countries.

Shah Mahmood Qureshi briefed Prince Faisal on the human rights situation in the Indian Illegally Occupied Jammu and Kashmir, stressed the need for peaceful resolution of the Jammu and Kashmir dispute, and emphasized on the importance for India to create enabling environment for dialogue and diplomacy.

He also outlined Pakistan's consistent efforts to support the ongoing peace and reconciliation process in Afghanistan.

The Foreign Minister renewed cordial invitation to Prince Faisal bin Farhan Al Saud to visit Pakistan at the earliest opportunity, which he accepted cordially.
 
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What deal?

CEO Amin Nasser told the China Development Forum on Sunday

“Ensuring the continuing security of China’s energy needs remains our highest priority – not just for the next five years but for the next 50 and beyond,” Nasser said in a video speech.

That's not a deal That's the CEO trying to sell oil to the Chinese.
Saudi Arabia Agrees To Supply Oil To China For 50 Years Through CPEC Roads | Baqar Bilal Hussain


 
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For the volume of oil, it would be either by train or a pipeline. Road makes no sense. Dodgy reporting.
 
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Stop spreading fake news...
I provided you with a Pakistani source.. why don't you go tell them to stop fake news? You just can't because it is true and there are many news confirming it.. So stop your stupid trolling and do your search..
 
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I provided you with a Pakistani source.. why don't you go tell them to stop fake news? You just can't because it is true and there is much news confirming it... So stop your stupid trolling and do your search...

You spreading fake news and using Pakistani "Lifafa Journalist" as a source doesn't make it true, Mr. Bakistani you calling my comments"Stupid trolling" shows your lack of knowledge...



Saudi Aramco to prioritise energy supply to China for 50 years, says CEO

BEIJING (Reuters) - Saudi Aramco will ensure China’s energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development Forum on Sunday.


Saudi Arabia, the world’s biggest oil exporter, retained its position as China’s top supplier in the first two months this year, with volumes up 2.1% to 1.86 million barrels per day (bpd), China customs data showed on Saturday.

The kingdom beat Russia to keep its ranking as China’s top crude supplier in 2020 despite unprecedented production cuts in a pact between the Organization of the Petroleum Exporting Countries and its allies to balance global markets after demand plunged during the COVID-19 pandemic.

“Ensuring the continuing security of China’s energy needs remains our highest priority – not just for the next five years but for the next 50 and beyond,” Nasser said in a video speech.

“We appreciate that sustainable energy solutions are crucial to a faster and smoother global energy transition ... But, realistically, this will take some time since there are few alternatives to oil in many areas.”


Nasser told an earnings call earlier on Sunday that Chinese demand was very close to pre-pandemic levels while Asia, East Asia in particular, had seen a strong pickup.

Besides being a top supplier of China’s energy needs, Nasser said Aramco is also well-placed to help China achieve its second centennial goal in energy transition.

Chinese President Xi Jinping announced in September that China will bring its carbon emissions to a peak before 2030 and reach carbon neutrality by 2060, a pledge that is expected to create a tectonic shift in its energy and manufacturing sectors.

The state oil giant also expects opportunities for further investment in downstream projects to help to meet China’s needs for heavy transport and chemicals, as well as lubricants and non-metallic materials, Nasser said.


He added that Aramco is working with Chinese universities and companies in cleaner engine fuel systems and technologies to convert crude to chemicals and to reduce greenhouse gas emissions from existing energy sources.

“In fact, we have even bolder ambitions to expand and intensify our research collaboration with China,” Nasser said, adding that additional collaboration is likely on so-called blue hydrogen, ammonia, and carbon-capture technologies among others.

Experts from China National Petroleum Corp’s (CNPC) research institute have forecast that China’s oil demand will be capped at 730 million tonnes by around 2025 under Xi’s climate pledge.
 
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One of the reason of SA to soften toward Pakistan is China. They did use back door channel for that.
 
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