FM Qureshi says Saudi foreign minister to visit Pakistan soon

Qureshi, Saudi, foreign minister, Pakistan, FM, Neo Tv
Caption:   Qureshi, Saudi, foreign minister, Pakistan, FM, Neo Tv

Islamabad (Web Desk): Foreign Minister Shah Mehmood Qureshi has said that his Saudi counterpart Faisal bin Farhan al-Saud is set to visit Pakistan soon, Radio Pakistan reported.

Earlier the day, a 12-member delegation of the African Union (AU) reached Pakistan on the invitation of Senate Chairman Sadiq Sanjarani to extend multilateral ties.

The delegation, led by President Djibouti National Parliament and Acting Chairman of AU Muhammad Ali Houmed, was received by Senator Mirza Afridi and other Senate Secretariat officials at the New Islamabad International Airport.

According to a press release issued by the Senate, the navel chief of Djibouti is also among the high-level parliamentarian delegation.

In first week of the current month, Pakistan repaid second tranche of a $3 billion loan given by the Kingdom of Saudi Arabia in 2018. With the latest repayment, Islamabad has so far repaid $2 billion of the total debt and the third, and last, tranche is expected to be returned in January 2021.

China came to Pakistan’s rescue by providing $1 billion credit twice this year so Islamabad could repay the Saudi loan.