Saudi crown prince arrives in Pakistan for regional visit

Pakistani motorcyclists pass by a billboard welcoming Saudi Arabia's Crown Prince Mohammed bin Salman displayed on the occasion of the visit by Saudi Arabia's crown prince to Pakistan, in Islamabad, Pakistan, Sunday, Feb. 17, 2019. Saudi Crown Prince Mohammed bin Salman will arrive in Islamabad on Sunday evening on an official visit that is expected to include the signing of agreements for billions of dollars of investment in Pakistan. (AP Photo/Anjum Naveed)

Pakistani paramilitary soldier stand guard near the presidency to ensure security ahead of Saudi Arabia's crown prince visit to Pakistan, in Islamabad, Pakistan, Sunday, Feb. 17, 2019. Saudi Crown Prince Mohammed bin Salman will arrive in Islamabad on Sunday evening on an official visit that is expected to include the signing of agreements for billions of dollars of investment in Pakistan. (AP Photo/Anjum Naveed)

Saudi Arabia's powerful Crown Prince Mohammed bin Salman began his four-day regional visit on Sunday, arriving in Pakistan where Saudi officials signed agreements worth $20 billion to help the Islamic nation overcome its financial crisis.

Prime Minister Imran Khan and top government and military officials greeted him at Islamabad's airport, where he received a 21-gun salute. Earlier, Pakistan Air Force jets escorted Prince Mohammad's flight when he entered the country's airspace.

At the airport, a young boy and girl in traditional Pakistani dress handed the prince flowers. He was greeted by a host of Pakistani Cabinet ministers and the country's powerful army chief, Gen. Qamar Javed Bajwa.

Khan himself drove the prince to the prime minister's residence, where he was met by an honor guard.

During his two-day stay in Pakistan, the crown prince will hold formal talks with Khan to find ways to enhance bilateral cooperation. Saudi Arabia will invest in the energy sector across the country, including setting up an oil refinery in the southwest near the border with Iran. The move will likely irk Tehran as Iran is Saudi Arabia's regional foe.

Shortly after his arrival, Prince Mohammad, accompanied by a high-powered delegation including leading businessmen and Cabinet ministers, attended a signing ceremony for the investment agreements worth $20 billion.

"This is first phase," he said, at the ceremony, adding that he hoped the future would bring even more Saudi investment in Pakistan.

"Saudi Arabia has always been a fiend of Pakistan, Saudi Arabia has been a friend in need," Khan said.

Pakistan is in the grip of a major debt crisis and is seeking a $12 billion bailout from the International Monetary Fund but has yet to sign the deal which comes with tough conditions.

Prince Mohammad will later travel to neighboring India amid heightened tensions between Islamabad and New Delhi over this week's attack in Indian-controlled Kashmir that killed 41 troops.

This week also saw an attack in Iran that killed 27 Revolutionary Guard soldiers that was claimed by the Pakistan-based militant Jaish al-Adl group.

Pakistan condemned the attacks, but India and Iran blame it for the violence.

Pakistan enjoys close ties with Saudi Arabia. It maintains a balancing act between Riyadh and Tehran.

Pakistan's Foreign Minister Shah Mahmood Qureshi on Sunday that the visit by the crown prince will take their countries' bilateral relations "to new heights."

Pakistan voiced support for the prince during the international outcry after the killing of Washington Post columnist Jamal Khashoggi by Saudi agents. Khan attended an investment conference in Saudi Arabia in October that saw a wave of cancellations linked to the Khashoggi killing.

The crown prince has called the killing a "heinous crime that cannot be justified."

Khashoggi, who had written critically about the prince, went missing on Oct. 2 after entering the Saudi Consulate in Istanbul. After denying any knowledge of his death for weeks, Saudi authorities eventually said that he was killed in an operation aimed at forcibly bringing the writer back to the kingdom.

Saudi prosecutors say the plan was masterminded by two former advisers to the crown prince.

The kingdom denies the crown prince knew of the plot.