Shafaqna Pakistan:Indian PM Narendra Modi seek $100 billion deals with Saudi Arabia, media report has revealed.
Prime Minister Narendra Modi is scheduled to embark on a one-day official visit to Saudi Arabia on Monday with an aim to boost bilateral ties between the two countries. The prime minister is visiting the oil-rich Gulf nation at the invitation of Saudi King Salman Bin Abdulaziz Al Saud, Zee News has reported.
Before leaving for Saudi Arabia, PM Modi said in a statement that during his stay in Saudi Arabia he will attend the Plenary Session of the 3rd Future Investment Initiative Forum being held in Riyadh.
“During my visit to Riyadh, I will hold bilateral discussions with His Majesty the King of Saudi Arabia. I will also meet and discuss with the Crown Prince of Saudi Arabia, HRH Mohammed bin Salman several matter of bilateral cooperation as well as regional and global issues of mutual interest,” said PM Modi .
India and Saudi Arabia have enjoyed traditionally close and friendly relations. Saudi Arabia has been one of the largest and reliable suppliers of India’s energy needs.
The Crown Prince during his visit to New Delhi in February 2019 committed to invest over US$100 billion in sectors of priority in India. Defence, security, trade, culture, education and people-to-people contacts are the other important areas of bilateral cooperation with Saudi Arabia,” he added.