India and Saudi signed several agreements in different fields, including petroleum, defense, and civil aviation, to strengthen their relations. PM Modi attended the third Future Investment Initiative (FII) Forum session in Riyadh on Tuesday on a two-day visit to Saudi Arabia.
Prime Minister Narendra Modi met Saudi King Salman bin Abdul Aziz Al-Saud, and the two leaders held talks to work closely on strengthening bilateral relations.
Agreement between India and Saudi Arabia on cooperation in many fields
- Mutual support in the defense industry
- Agreement on air services
- Cooperation on renewable energy
- Regulation of medical products
- Demand-producing drugs and psychotropic substances
- Saudi ARAMCO
- Diplomatic institutions of both countries
- Between Al Jerry and Indian Oil Corporation over retail outlets
- On stock exchange
- Haj cooperation related to
- RuPay card
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PM Modi enumerated the benefits of investment in India
Earlier on Monday, Prime Minister Narendra Modi discussed with Saudi Arabia's Energy Minister Abdul Aziz bin Salman Al Saud on increasing mutual relations in the energy sector. PM Modi also met Environment, Water, and Agriculture Minister Abdul-Rahman bin Abdulmohsin al-Fazli during the visit to Saudi Arabia.
At the Investment Initiative Forum of Saudi Arabia, PM reiterated the promise of 5 trillion economies and also counted the benefits of investment in India to the world's investors. In the forum, Prime Minister Modi spoke about the growing business and investment opportunities for global investors in India and said that India is moving ahead to become a five trillion-dollar economy by 2024.
Prime Minister Modi said that the number of unicorns worth more than the US $ 1 billion is continuously increasing in India. Many of our startups are investing globally. PM Modi described Saudi Arabia as a valuable friend of India.
PM Modi enumerated the benefits of investment in India
Earlier on Monday, Prime Minister Narendra Modi discussed with Saudi Arabia's Energy Minister Abdul Aziz bin Salman Al Saud on increasing mutual relations in the energy sector. PM Modi also met Environment, Water, and Agriculture Minister Abdul-Rahman bin Abdulmohsin al-Fazli during the visit to Saudi Arabia.
At the Investment Initiative Forum of Saudi Arabia, PM reiterated the promise of 5 trillion economies and also counted the benefits of investment in India to the world's investors. In the forum, Prime Minister Modi spoke about the growing business and investment opportunities for global investors in India and said that India is moving ahead to become a five trillion-dollar economy by 2024.
Prime Minister Modi said that the number of unicorns worth more than the US $ 1 billion is continuously increasing in India. Many of our startups are investing globally. PM Modi described Saudi Arabia as a valuable friend of India.
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