Pakistan invites Saudi Arabia to be third partner in Chinese Economic Corridor

Agencies
September 21, 2018

Islamabad, Sept 21: Saudi Arabia will be the third "strategic partner" of the $50 billion China-Pakistan Economic Corridor (CPEC), a senior Pakistani minister announced on Thursday, soon after Prime Minister Imran Khan returned from his first foreign trip to the cash-rich kingdom.

The China-Pakistan Economic Corridor (CPEC) is the flagship project of the multi-billion dollar Belt and Road Initiative (BRI), a pet project of Chinese President Xi Jinping aimed at enhancing Beijing's influence around the world through China-funded infrastructure projects.

Addressing a press conference here on Khan's two-day visit to Saudi Arabia and United Arab Emirates (UAE), Minister of Information Fawad Chaudhry said that Pakistan's main interest lies in cooperation with Saudi Arabia on matters of trade and security.

Pakistan has invited Riyadh to join the CPEC as the third "strategic partner", The News quoted him as saying.

Saudi Finance and Energy Ministers will visit Pakistan in the first week of October, Chaudhry said.

He said the projects that Saudi Arabia would be investing in the CPEC will be smoothed out during the Saudi delegation's visit.

China has rejected accusations that its financial backing for the CPEC was a "debt trap" that could compromise cash-strapped Pakistan's sovereignty.

The CPEC is the fastest-moving and flagship part of President Xi's global Belt and Road Initiative (BRI).

The CPEC aims to construct and upgrade the transportation network, energy projects, a deep-water port at Gwadar and special economic zones to eventually support Pakistan's industrial development as a manufacturing hub by 2030.

Chaudhry said Prime Minister Khan has assured Riyadh that Pakistan will stand with Saudi Arabia.

"We have also assured the Saudi leadership that we will continue to provide security to their country and provide strategic support wherever needed," he said on the close defence partnership between the close allies.

He also said that a high-level coordination committee has has been constituted [to look into matters of trade and commerce] and it has the complete backing of Saudi King Salman bin Abdul Aziz Al-Saud and Prime Minister Khan.

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News Network
December 7,2025

envoy.jpg

Since 1946, the United States has attempted 93 coups or “regime change” operations across the world — including two in Iran, US Special Envoy for Syria Tom Barrack has admitted.

Speaking to the UAE-based IMI Media Group, in remarks published by The National, Barrack said Washington tried twice to overthrow the Iranian government but failed both times. 

“For (Trump) then to be imputed with regime change — we had two regime changes in Iran already. Neither one worked. So I think wisely leave it to the region to solve,” said Barrack, who also serves as the US ambassador to Turkey.

His comments come six months after the US joined Israel in airstrikes against Iran during ongoing indirect nuclear negotiations between Tehran and Washington.

On June 13, Israel launched an attack on Iran that killed at least 1,064 people and hit civilian infrastructure. Days later, the United States targeted three nuclear facilities — Fordow, Natanz and Isfahan — in what Iran called a clear violation of international law. Iranian retaliation eventually forced a halt to the assault on June 24.

Barrack further claimed that US President Donald Trump and Foreign Secretary Marco Rubio are “not into regime change” and prefer a regional approach driven by Middle Eastern countries themselves. According to him, regional dialogue and non-interference by outside powers offer a more durable path forward.

He added that Washington is still open to an agreement with Tehran if Iranian authorities show “seriousness” and willingness to engage constructively.

However, Iran maintains the US has not shown readiness for meaningful talks. In an interview with Japan’s Kyodo News, Iranian Foreign Minister Abbas Araghchi said negotiations could advance only if Washington acknowledges Iran’s right to peaceful nuclear energy and lifts unilateral sanctions.

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