Saudi Defense Minister Prince Khalid bin Salman met with Pakistan’s Chief of Army Staff and Chief of Defence Forces, Field Marshal Asim Munir, on Thursday to discuss joint efforts to promote global peace, and security.
Strengthening Strategic Ties
Prince Khalid bin Salman stated via a post on X that the meeting served to reaffirm “our strong relations and strategic defence partnership.” He added that discussions focused on joint efforts to promote global peace and security in a manner that serves shared interests.
The meeting underscores the longstanding strategic and defence cooperation between Pakistan and Saudi Arabia. This cooperation was recently formalized through the signing of a landmark defence agreement in September. The agreement aims to enhance security and achieve peace in the region and globally.
The pact was signed during a visit by Prime Minister Shehbaz Sharif to Riyadh, at the invitation of Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud.
Economic and Military Cooperation
Pakistan and Saudi Arabia have a history of mutual support. Saudi Arabia has provided financial assistance to Pakistan, including a $6 billion support package announced in 2018, comprised of deposits and deferred oil supplies. Saudi Arabia has repeatedly rolled over these deposits, including a $1.2 billion deferment last year.
Discussions are reportedly underway regarding the potential conversion of approximately $2 billion of Saudi loans into a deal for JF-17 fighter jets, according to two Pakistani sources. This follows a November meeting between Prime Minister Shehbaz and Saudi Chief of General Staff General Fayyadh bin Hamed Al-Ruwaili to review defence cooperation and regional stability.
Frequently Asked Questions
What was the primary focus of the meeting between Prince Khalid bin Salman and Field Marshal Asim Munir?
The primary focus was to reaffirm the strong relations and strategic defence partnership between Saudi Arabia and Pakistan, and to discuss joint efforts to promote global peace and security.
When was the Strategic Mutual Defence Agreement signed?
The Strategic Mutual Defence Agreement was signed in September of last year.
What type of support has Saudi Arabia provided to Pakistan in the past?
Saudi Arabia has provided financial support to Pakistan, including a $6 billion package in 2018, and has repeatedly rolled over deposits to help stabilize Pakistan’s foreign exchange reserves.
As Pakistan and Saudi Arabia continue to strengthen their defence and economic ties, what role might this partnership play in broader regional stability?
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