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Kingdom working to implement economic corridor with India: MBS

Muhammad Bin Salman
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Saudi Arabia is working to implement an economic corridor with India and the project requires diligent work to achieve, Saudi Crown Prince Mohammed bin Salman said during the joint Saudi-Indian Strategic Partnership Council meeting in New Delhi. Relations between Saudi Arabia and India are mutually beneficial, and we are working on future opportunities for us both, he said, and was hoping to achieve common goals through the Saudi-Indian Partnership Council.

“The Indian community in Saudi Arabia is part of us and we take care of them as we take care of our citizens,” he said. “This corridor will not only connect the two countries, but economic cooperation, digital connectivity between Asia, West Asia and Europe,” Modi added, in talks following the end of the two-day Group of 20 leaders’ summit he hosted.

Meanwhile, Saudi Arabia and India have signed a bilateral agreement to bolster the investment climate in both countries, said a senior minister at an ongoing investment meet in New Delhi. Speaking at the India-Saudi Investment Forum in New Delhi, Badr Al-Badr, the deputy minister of investor outreach at the Saudi Ministry of Investment, said: “The Ministry of Investment of Saudi Arabia and Invest India have signed a bilateral agreement to strengthen mutual investment endeavors and have given the comfort zone to investors and traders to do more business.”—Agencies

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