Mohammed Bin Salman Bin Abdulaziz Al Saud, the Crown Prince and Prime Minister of Saudi Arabia, postponed his travel to Pakistan on Saturday.
The visit is being rescheduled, according to a brief statement released in this respect by Mumtaz Zahra Baloch, spokesperson for the foreign office.
The two sides will mutually decide on the new dates, she said.
Shehbaz Sharif, the prime minister, called the crown prince in September and invited him to talk.
The Saudi crown prince’s trip to Pakistan would have been his first since the country’s new government took office in April of this year.
During the Saudi crown prince’s visit, Islamabad intended to get a $4.2 billion bailout package from Riyadh, according to diplomatic sources.
The uncommon visit by the Saudi ruler was tentatively set for November 21.
Furthermore, it was anticipated that Saudi Arabia will make significant investments in Pakistan. Additionally, according to sources, a number of petroleum agreements between Pakistan and Saudi Arabia were being prepared for signing during his excellency’s visit.
The Saudi government’s financial support for the construction of a cutting-edge refinery in Gwadar was another factor the government was banking on.
During the administration of former prime minister Imran Khan, the crown prince’s most recent trip to Pakistan took place in February 2019.