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Saudi Crown Prince arrives in India

He was warmly received by Prime Minister Narendra Modi at the airport.

The Crown Prince who is also the Vice President of the Council of Ministers and Minister of Defence of the Kingdom of Saudi Arabia is accompanied by a high-level delegation, including Ministers, senior officials, and leading Saudi businessmen. 

Prime Minister Narendra Modi will hold bilateral talks with the Crown Prince on Wednesday on a wide range of issues of mutual interest. Several agreements are expected to be signed after the talks. The Crown Prince will call on President Ram Nath Kovind. 

The visit follows the visit of Prime Minister Narendra Modi to Saudi Arabia in April 2016, during which the two countries agreed to further elevate existing strategic partnership. 

India and Saudi Arabia have historically enjoyed close and friendly relations anchored in mutually beneficial partnership and extensive people to people contacts. 

In recent years, there has been significant progress in bilateral cooperation in key areas of mutual interest, including energy security, trade, and investment, infrastructure, defense, and security. 

The bilateral trade was 27.48 billion dollars during the last financial year 2017-18, making Saudi Arabia India’s 4th largest trading partner. Saudi Arabia contributes significantly to India’s energy security needs by supplying about 20 percent of crude requirements to India. 

About 2.7 million strong and vibrant Indian community forms the largest expatriate group in Saudi Arabia.

This post first appeared on Daily Kiran, please read the originial post: here

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Saudi Crown Prince arrives in India


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