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Wednesday, 20 February, 2019 - 06:45
Crown Prince Mohammed bin Salman holds talks in New Delhi with Indian PM Narendra Modi. (SPA)
Asharq Al-Awsat
Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, hailed on Wednesday ties between Saudi Arabia and India, signing numerous agreements during an official visit to New Delhi.
"Today we expect the opportunities we are targeting in India in various fields to exceed $100 billion in the coming two years… we want to work with you to ensure these investments are made and to ensure useful returns for both countries."
The Crown Prince was in New Delhi for official talks with Indian officials. He was given a formal reception at the presidential palace where he was received by President Ram Nath Kovind and Prime Minister Narendra Modi.
Crown Prince Mohammed hoped his visit will improve centuries-old ties, which he said are "in our DNA."
“Since we remember ourselves, we know Indian people as friends, and they are part of building Saudi Arabia in the past 70 years.”
These relations would improve for the sake of both countries, he told reporters.
"Today we want to be sure that this relation is maintained and improved for the sake of both countries. With the leadership of the president and the PM, I am sure we can create good things for Saudi Arabia and India," he stressed.
Later, Crown Prince Mohammed and Modi signed agreements for promoting investment, tourism, housing and communications.
Addressing terrorism, the Saudi royal said the issue was a common concern with India and that the Kingdom was ready to share intelligence to tackle it.
"We want to tell India that we will cooperate in every way, including intelligence sharing," he told a press briefing after talks with Modi.
For his part, Modi said he had agreed with Saudi Arabia to strengthen cooperation on counter-terrorism, naval and cyber-security.
India describes Saudi Arabia as a "key pillar" of its energy security. It provides about 17 percent of India's crude oil and about a third of its liquefied natural gas.
Ties between India and Saudi Arabia, where millions of Indians are employed as migrant workers, have strengthened since Modi visited Riyadh in 2016 for the signing of a memorandum of understanding on cooperation with intelligence-gathering on money laundering and terrorism financing.
Crown Prince Mohammed later held talks with Indian Foreign Minister Sushma Swaraj.
India is the second leg of an Asian tour that the Crown Prince had kicked off in Pakistan on Sunday. He landed in New Delhi on Tuesday and is expected to later visit China.
https://aawsat.com/english/home/art...es-saudi-investment-india-will-exceed-100-bln
Crown Prince Mohammed bin Salman holds talks in New Delhi with Indian PM Narendra Modi. (SPA)
Asharq Al-Awsat
Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, hailed on Wednesday ties between Saudi Arabia and India, signing numerous agreements during an official visit to New Delhi.
"Today we expect the opportunities we are targeting in India in various fields to exceed $100 billion in the coming two years… we want to work with you to ensure these investments are made and to ensure useful returns for both countries."
The Crown Prince was in New Delhi for official talks with Indian officials. He was given a formal reception at the presidential palace where he was received by President Ram Nath Kovind and Prime Minister Narendra Modi.
Crown Prince Mohammed hoped his visit will improve centuries-old ties, which he said are "in our DNA."
“Since we remember ourselves, we know Indian people as friends, and they are part of building Saudi Arabia in the past 70 years.”
These relations would improve for the sake of both countries, he told reporters.
"Today we want to be sure that this relation is maintained and improved for the sake of both countries. With the leadership of the president and the PM, I am sure we can create good things for Saudi Arabia and India," he stressed.
Later, Crown Prince Mohammed and Modi signed agreements for promoting investment, tourism, housing and communications.
Addressing terrorism, the Saudi royal said the issue was a common concern with India and that the Kingdom was ready to share intelligence to tackle it.
"We want to tell India that we will cooperate in every way, including intelligence sharing," he told a press briefing after talks with Modi.
For his part, Modi said he had agreed with Saudi Arabia to strengthen cooperation on counter-terrorism, naval and cyber-security.
India describes Saudi Arabia as a "key pillar" of its energy security. It provides about 17 percent of India's crude oil and about a third of its liquefied natural gas.
Ties between India and Saudi Arabia, where millions of Indians are employed as migrant workers, have strengthened since Modi visited Riyadh in 2016 for the signing of a memorandum of understanding on cooperation with intelligence-gathering on money laundering and terrorism financing.
Crown Prince Mohammed later held talks with Indian Foreign Minister Sushma Swaraj.
India is the second leg of an Asian tour that the Crown Prince had kicked off in Pakistan on Sunday. He landed in New Delhi on Tuesday and is expected to later visit China.
https://aawsat.com/english/home/art...es-saudi-investment-india-will-exceed-100-bln
