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Saturday, April 2, 2016
Modi to reach Riyadh today on a 2-day visit to Saudi Arabia
Prime Minister Narendra Modi will reach Riyadh today on a two-day visit to Saudi Arabia. He left for Saudi Arabia after wrapping up his visit to the United States this morning.
Mr Modi's visit to Saudi Arabia is aimed at reinvigorating India’s strategic partnership with the oil-rich country, particularly in areas of counter-terrorism, energy and trade. Mr Modi and King Salman of Saudi Arabia will discuss a wide range of bilateral, regional and global issues. It will include terrorism, security cooperation and commercial and economic ties. Abdullateef Al-Othman, Governor General of Saudi Arabain Investment Authorities, SAGIA, said, India is a historic partner for Saudi Arabia and they hold a common outlook on life including many traditions and values. He said, a framework for investment promotion would be signed between SAGIA and National Investment Promotion Agency of India.
He said, Mr Modi's two-day visit comes at a time when we can build a strong foundations to chart our new frontiers of strategic investments and partnership, he added. Mr Modi will also meet top CEOs of major Saudi companies and will interact with the Indian community. The Prime Minister will also meet Indian workers of a project being implemented by L&T in Dahiat Namar in Riyadh.
After talks tomorrow, both sides will sign a number of MoUs to expand ties in a range of areas. The King will also host a lunch for Modi which will be attended by key ministers and officials.
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