Saudi Development Fund to provide US $ 100 for Urea import

ISLAMABAD: The Saudi Development Fund would provide US $ 100 million to the country for the import of Urea from Saudi Arabia.

Saudi Development Fund singed a Finance Agreement to Export Urea for the production of Saudi Arabian Basic Industries Corporation (SABIC) to Pakistan.

The agreement was signed by Sibtain Fazal Haleem, Secretary Finance Affairs and Eng. Yousef Ibrahim Al-Bassam, Vice Chairman and Managing Director.

The agreement comes within the framework of the efforts made by the Fund to promote trade and economic relations between Saudi Arabia and Pakistan.