India today officially announced the programme for the visit of Prince Mohammed bin Salman, Crown Prince of Saudi Arabia, Deputy Prime Minister and Minister of Defence, starting tomorrow
UAE (Pakistan Point News - 18th Feb, 2019) India today officially announced the programme for the visit of Prince Mohammed bin Salman, Crown Prince of Saudi Arabia, Deputy Prime Minister and Minister of Defence, starting tomorrow.
"At the invitation of Prime Minister Narendra Modi, His Royal Highness Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defence of the Kingdom of Saudi Arabia is paying his first State visit to India on 19th and 20th February 2019. He will be accompanied by a high-level delegation, including Ministers, senior officials and leading Saudi businessmen," an announcement by the Ministry of External Affairs here said.
During the forthcoming visit, the Crown Prince will call on the President and Vice President of India. He will hold bilateral talks with Modi on a wide range of issues of mutual interest. This visit follows a trip by Modi to Saudi Arabia in April 2016, during which the two countries agreed to elevate their 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, investment, infrastructure, defence and security," the announcement said.
Saudi-India bilateral trade was US$27.48 billion during the year 2017-18, making Saudi Arabia India’s fourth largest trading partner. Saudi Arabia contributes about 20 percent of India's crude requirements. Recently, Saudi ARAMCO in partnership with ADNOC entered into a joint venture for US$44 billion worth Ratnagiri Refinery and Petro-Chemical project Ltd.
"About 2.7 million strong and vibrant Indian community forms the largest expatriate group in Saudi Arabia. Their positive and highly-appreciated contribution to the development of their host country has been an important anchor of bilateral engagement. The Kingdom of Saudi Arabia also facilitates Hajj pilgrimage to over 175,000 Indians every year," the Ministry added.
