Saudi Arabia One Of India’s Most Necessary Strategic Companions: PM Modi Tells Saudi Crown Prince Mohammed Bin Salman

Saudi Arabia One Of India’s Most Necessary Strategic Companions: PM Modi Tells Saudi Crown Prince Mohammed Bin Salman

New Delhi: Prime Minister Narendra Modi and Saudi Arabia Crown Prince Mohammed bin Salman Al Saud held the primary leaders’ assembly of the India- Saudi Arabia Strategic Partnership Council on Monday and mentioned cooperation in areas similar to vitality safety, commerce and funding, defence and safety, healthcare and meals safety.

 

 

In his opening remarks, PM Modi mentioned that the talks with the visiting Saudi Arabian chief will present new vitality and route to ties between the 2 nations. “For India, Saudi Arabia is one among its most vital strategic companions. As two giant and fast-growing economies of the world, our mutual cooperation is vital for peace and stability in your entire area. In our talks, now we have recognized a number of initiatives to take our partnership to the subsequent degree. Right now’s talks will present new vitality and route to our relationships. This can present us inspiration to work collectively for the welfare of humanity,” the PM mentioned.

 

 

PM Modi mentioned that the financial hall between India, West Asia and Europe will present financial development and digital connectivity between these areas. He famous that the cooperation between India and Saudi Arabia within the financial sector is significant for the peace and stability of your entire area. 

“Yesterday, now we have taken a call to begin a historic financial hall between India, West Asia and Europe. This hall won’t solely join two international locations but additionally assist in offering financial development, and digital connectivity between Asia, West Asia and Europe. Beneath your management and imaginative and prescient 2030, Saudi Arabia has seen large financial development and I congratulate you for that.”

PM Modi additionally thanked the visiting chief for Saudi Arabia’s contribution to the success of India’s G20 Presidency. He lauded the Saudi Arabian Crown Prince’s dedication or the welfare of Indians residing in Saudi Arabia. 

 

 

India, the US, UAE, Saudi Arabia, France, Germany, Italy and the European Union signed a Memorandum of Understanding (MoU) to determine the India-Center East-Europe Financial Hall in the course of the G20 Summit.

“PM @narendramodi and Crown Prince & PM of the Kingdom of Saudi Arabia, HRH Prince Mohammed bin Salman held the primary Leaders’ Assembly of the India-Saudi Arabia Strategic Partnership Council. Agenda included a broad vary of areas of bilateral cooperation together with vitality safety, commerce and funding, defence and safety, healthcare, meals safety, tradition and neighborhood welfare points amongst others,” Ministry of Exterior Affairs spokesperson Arindam Bagchi mentioned in a submit on X.

The Crown Prince and Prime Minister of Saudi Arabia, who arrived right here on a three-day State go to, attended the G20 Summit within the nationwide capital. The Saudi Crown Prince is accompanied by a high-level delegation, together with ministers and senior officers. Previous to his assembly with PM Modi, the Saudi Arabian Crown Prince obtained a ceremonial reception at Rashtrapati Bhavan. PM Modi and President Droupadi Murmu welcomed the Saudi Arabian chief.

The Saudi Crown Prince then inspected a mixed defence companies Guard of Honour. Mohammed bin Salman congratulated India for a profitable G20 presidency. “Properly finished India, quite a lot of bulletins made that may profit each our international locations, the G20 international locations and the entire world. So I need to say to India effectively finished, and we are going to work to create a future for each international locations,” he instructed reporters.

Later within the day, Saudi Arabia’s Crown Prince is scheduled to name on President Droupadi Murmu. India and Saudi Arabia have traditionally shut and pleasant relations with intensive people-to-people contacts. The bilateral commerce reached an all-time excessive of USD 52.75 billion in FY 2022-23. 




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