PM’s statement prior to his departure for the Kingdom of Saudi Arabia

PM’s statement prior to his departure for the Kingdom of Saudi Arabia

Posted On: 28 OCT 2019 8:19PM by PIB Delhi

I am visiting the Kingdom of Saudi Arabia for a day’s official visit on 29 October 2019. The visit is at the invitation of His Majesty King Salman bin Abdulaziz Al-Saud, King of Saudi Arabia for attending 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.

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.

During the visit, the Agreement for establishment of the Strategic Partnership Council will further elevate the India-Saudi Arabia Strategic Partnership to a new level.

I also look forward to my participation in the Future Investment Initiative Forum where I will speak about the growing trade and investment opportunities for the global investors in India as the country marches forward to a 5 trillion dollar economy by 2024.

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