His Excellency Mr Khalid Bin Abdulaziz Al-Falih, Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia, called on the Prime Minister today.
The Minister conveyed personal greetings of His Majesty the King and His Highness the Crown Prince. The Prime Minister requested the Minister to convey his best wishes to them. The Prime Minister also conveyed his thanks for their guidance to strengthening of bilateral retlations, and for according the status of ‘Guest of Honour’ to India at this year’s Janadriyah festival.
The Prime Minister said that there are immense opportunities for Saudi public and private investors in India. Indian economy is growing at a fast pace and as a result there are profitable prospects in sectors such as energy, agriculture and food processing, pharmaceutical and medical devices, fertilizer, petrochemicals and mining. He noted that synergy exists between the objectives of Saudi Vision 2030 and various programmes of the Government for economic development of India.
The Prime Minister emphasised that the two countries should look at ways to enhance and diversify bilateral trade and investment and expand all aspects of economic cooperation in accordance with our strategic partnership.