Saudi Crown Prince in India highlights Indian community’s vital role in India
Saudi Crown Prince in India : The Crown Prince and Prime Minister of Saudi Arabia Mohammed bin Salman (MBS) acknowledged the important role played by the Indian community in the Kingdom, where 7% of the Saudi population is of Indian origin. Trending Video : Notice period required for Resignation or Termination
The Saudi Crown Prince expressed the Kingdom’s commitment in considering Indians an integral part of the country and ensuring their well-being. We consider them as part of Saudi Arabia. We watch them and look after them much like we look to our citizens. We wish the success and believe that this council will fulfill our people’s hopes.
– Mohammed bin Salman has highlighted the necessity for all IMEE (India-MiddleEast-Economic-Corridor) member nations to cooperate carefully in order to make the project a reality.
– The Crown Prince commended the leaders on the successful organization of the G20 Summit and the projects completed, particularly the economic corridor connecting the Middle East, India, and Europe, during his opening remarks at the Saudi-India Strategic Partnership Council Meeting on Monday.
– Saudi Crown Prince in India highlighted the value of coordinated efforts to complete this large-scale initiative and said, “We need to work diligently to make it a reality.”
– The Crown Prince stressed the long-standing relationship between Saudi Arabia and India, saying there has never been conflict between the two nations instead always working together to create a happy future for both. He addressed the important agenda they are working on through the council while also highlighting the bright future.
– The Crown Prince and Prime Minister Modi reviewed a wide range of issues for bilateral cooperation during the first Leaders’ Meeting of the Strategic Partnership Council, including energy security, trade and investment, defense and security, healthcare, food security, culture, and community welfare.
– Modi referred to Saudi Arabia as one of India’s most significant strategic allies and predicted that their discussions would strengthen bilateral ties. Additionally, Modi thanked Prince Mohammed for his work to improve the wellbeing of Indians living in Saudi Arabia as expatriates. See Also : Saudi Arabia announces National Day holiday
– Following his participation in the 18th G20 Leaders’ conference, Mohammed bin Salman was given a warm ceremonial welcome on the forecourt of Rashtrapati Bhavan (President’s House) in New Delhi to kick off his official visit.
– The Saudi Crown Prince was warmly welcomed by President Droupadi Murmu and Indian Prime Minister Narendra Modi on Monday at Rashtrapati Bhavan.
– The Saudi Crown Prince extended his stay in New Delhi after the G20 Summit for his state visit and arrived there for a three-day trip.
– At Hyderabad House, Prince Mohammed and Modi had private conversations after the formal reception. Later that day, at the same location, the Saudi Crown Prince and the Indian Prime Minister shared leadership of the India-Saudi Strategic Partnership Council’s maiden meeting.
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– The Saudi Public Investment Fund (PIF), according to the minister, will establish a branch in India to promote the exchange and pumping of assets.
– “Saudi Arabia is thinking about opening a branch of its sovereign wealth fund in Gujarat International Finance Tec-City (GIFT), India. Al-Falih responded to Piyush Goyal’s invitation to Saudi Arabia to establish a presence in GIFT City by saying, “I match your offer and commit today to opening an office.”
– India’s center for financial services is called GIFT City. Goyal added that he will propose that his ministry establish a Riyadh office for the promotion of investment.
– In addition to Crown Prince and Prime Minister Mohammed bin Salman’s official visit to India, the India-Saudi Investment Forum was attended by more than 1000 corporate executives and investors from Saudi Arabia and India on Monday.
– Badr Al-Badr, the deputy Saudi minister for investor outreach, addressed the summit and announced that Saudi Arabia and India had inked a bilateral agreement to improve the business climate in both nations. The minister emphasized the strong expansion of commercial connections between Saudi Arabia and India while pleading with Indian business people and investors to increase their investments in the Kingdom. Join Saudi Expatriates on Telegram
– Between India and Saudi Arabia, some 50 agreements have been inked, the majority of which are memorandums of understanding for the sharing of experiences across many different industries. The contracts are worth roughly $3.5 billion.