Dawn: Saudi Arabia set to become third partner in CPEC

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Time: September 21, 2018 

Saudi Arabia is set to become a third strategic partner in the China-Pakistan Economic Corridor (CPEC) project and has reportedly agreed in principle to invest heavily in Pakistan after it was formally invited to join the Beijing-sponsored. (Shutterstock)

September 21 – Dawn states that Saudi Arabia is set to become a third strategic partner in the China-Pakistan Economic Corridor (CPEC) project and has reportedly agreed in principle to invest heavily in Pakistan after it was formally invited to join the Beijing-sponsored mega venture. The landmark announcement by Information Minister Fawad Chaudhry came in the backdrop of Prime Minister Imran Khan’s visit to Saudi Arabia and the United Arab Emirates apparently aimed at convincing Islamabad’s allies in the Middle East to help the government deal with a looming financial crisis.

This article was first published in Arab News

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