India-Pakistan crisis: Saudi Arabia aims to de-escalate tensions

[third eye]

Saudi Arabia has said it will work to de-escalate tensions between India and Pakistan, ahead of Crown Prince Mohammed bin Salman's arrival in Delhi.

The prince, known as MBS, is on a tour of Asia and has just visited Pakistan.

Hostilities between Delhi and Islamabad flared last week, after a suicide bombing in the India-administered part of Kashmir killed at least 40 paramilitary police.

A Pakistan-based militant group, Jaish-e-Mohammad, said it was behind it.

Pakistan denies any role in the bombing, but India has accused the state of being complicit and vowed to isolate its neighbour internationally.

Both India and Pakistan claim all of Muslim-majority Kashmir, but control only parts of it.

Speaking on Monday, Saudi Foreign Minister Adel al-Jubeir said the Arab state's objective was to "try to de-escalate tensions between the two countries, neighbouring countries, and to see if there is a path forward to resolving those differences peacefully".

Delhi has imposed a swathe of economic measures on Islamabad, including revoking Most Favoured Nation trading status and raising customs duty to 200%

$20bn Saudi cash injection
Pakistan is in the midst of a financial crisis, and the crown prince's visit saw Saudi Arabia pledge much-needed investment deals worth $20bn (£15.5bn).

With only $8bn left in foreign reserves, Prime Minister Imran Khan has been seeking help from friendly countries in order to cut the size of the bailout package his country is likely to need from the International Monetary Fund, under very strict conditions.

The country is seeking its 13th bailout since the late 1980s, and Saudi Arabia has already provided a $6bn loan.

 

[kmc_chacko]

Crown Prince MBS Flies to Riyadh First as India Objects to Direct Arrival from Pakistan Amid Pulwama Tensions

https://www.news18.com/news/india/c...m-pakistan-amid-pulwama-tensions-2040979.html

 

[Śakra]

Who are they gonna send, the guys who negotiated with Kashoggi?

 

[RIP Pak LAW]

Crown Prince MBS Flies to Riyadh First as India Objects to Direct Arrival from Pakistan Amid Pulwama Tensions

https://www.news18.com/news/india/c...m-pakistan-amid-pulwama-tensions-2040979.html

LMAO Indian media again making news of their @$$. Indian media is the king of fake news.

 

[N.Siddiqui]

$20bn Saudi cash injection
Pakistan is in the midst of a financial crisis, and the crown prince's visit saw Saudi Arabia pledge much-needed investment deals worth $20bn (£15.5bn).

21 billion USD to be precise...and Saudi MBS has said this is the initial phase of Saudi investment, more pouring in, in coming years.

Roadmap for $21bn Saudi investment finalised


ISLAMABAD: Pakistan is expecting $21 billion worth of seven memorandums of understanding (MoUs) signed with Saudi Arabia to come to fruition in three phases over the next six years.

The two sides have set up two major follow-up forums to ensure timely completion of feasibility studies and project implementation including the top level Saudi-Pakistan Joint Supreme Coordination Council (SPJSCC) and a Joint Working Group (JWG).

The SPSCC will be led by Prime Minister Imran Khan and Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud while joint working group on energy would be led by Saudi Minister for Energy and Industry Khalid Al Falih and Petroleum Minister Ghulam Sarwar Khan.


https://www.dawn.com/news/1464742/roadmap-for-21bn-saudi-investment-finalised

 

[maithil]

After yesterday's joint statement, Delhi will not take any talk by Saudis seriously. Might as well send some signals while he is in Delhi. Forcing him to fly back to Riyadh and then come to Delhi itself says a lot. All his efforts to placate by cutting short Pakistan visit by half has been undone by yesterday's joint statement. Next few days will be very interesting.