Prince Mohammed Bin Salman India visit LIVE: Big announcement – Saudi Arabia to invest $100 billion in India

By: | Updated:Feb 20, 2019 7:37 pm

Saudi Prince Mohammed Bin Salman in India Live Updates: Saudi Crown Prince Mohammed bin Salman on Wednesday said that terrorism has been a concern for all but refrained from naming Pakistan which has been providing supports to several terror groups included JeM of Masood Azhar.

Prince Mohammed Bin Salman India Visit, Saudi Prince Mohammed Bin Salman in IndiaPrince Mohammed Bin Salman India visit LIVE: PM Modi, Saudi Crown Prince hold bilateral talks at Hyderabad House

Crown Prince Mohammed Bin Salman Visit in India Live Updates: Saudi Arabia will invest USD 100 billion in India – a huge vote of confidence in the Indian economy. Prime Minister Narendra Modi welcomed the announcement by Saudi Crown Prince to invest in areas like energy, refining, petrochemicals, infrastructure, agriculture, manufacturing, etc.

Earlier in the day, Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud said that terrorism has been a concern for all but refrained from naming Pakistan which is facing tremendous pressure from other countries for its failure to crack down on terror outfits operating from its soil.

“Extremism and terrorism are our common concerns. We would like to tell our friend India that we will cooperate on all fronts, be it intelligence sharing. We will work with everyone to ensure a brighter future for our upcoming generations,” he said after holding bilateral talks with Prime Minister Narendra Modi at Hyerabad House.

In his remark, PM Modi said that Saudi Arabia is among India’s most important strategic partners and the two are on the same page in the fight against terrorism. “Barbaric terrorist attack in Pulwama was a symbol of anti-humanitarian threat world is facing,” he said.

The PM also said that they vowed to take economic ties to new level, adding that time has come to transform our energy cooperation into a strategic partnership.

The Saudi Crown Prince arrived here last night on a two-day visit. He was warmly received by PM Modi at the Palam airport. The Crown Prince is also the Vice President of the Council of Ministers and Minister of Defence of the Kingdom of Saudi Arabia.

 

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Saudi Crown Prince Mohammad Bin Salman in India for his first state visit

19:29 (IST)20 Feb 2019
Saudi Arabia to invest $100 billion in India

Big announcement - Saudi Arabia will invest USD 100 billion in India - a huge vote of confidence in the Indian economy. Prime Minister Narendra Modi welcomed the announcement by Saudi Crown Prince to invest in areas like energy, refining, petrochemicals, infrastructure, agriculture, manufacturing, etc.

17:59 (IST)20 Feb 2019
Complicity of Pakistan in Pulwama attacks underlined: MEA

The complicity of Pakistan in Pulwama attacks was very much underlined. They (PM Modi and Saudi Crown prince) agreed on the need for creating necessary conditions for any resumption of talks. Saudi Crown Prince appreciated the consistent efforts made by PM Modi since May 2014 including his personal initiatives to have friendly relations with Pakistan. Both sides agreed on the need for creation of conditions necessary for the resumption of the comprehensive dialogue.

17:38 (IST)20 Feb 2019
PM Modi and Saudi Crown Prince condemn Pulwama attack: MEA

In a press briefing, MEA says: "The two leaders (PM Modi and Saudi Crown Prince Mohammed bin Salman) condemned in the strongest terms the recent terrorist attack on Indian forces in Pulwama in Jammu and Kashmir. They underlined the importance of comprehensive sanctioning of terrorists and their organisations by the United Nations.  

17:08 (IST)20 Feb 2019
List of agreements signed between Saudi Arabia and India

Here's a list of MoUs and Agreements signed during State Visit of Crown Prince of Saudi Arabia to India. Saudi Crown Prince is on a two-day visit to India.

Memorandum of Understanding on investing in the National Investment and Infrastructure Fund between the Government of the Republic of India and the Government of the Kingdom of Saudi Arabia.

Memorandum of Understanding on Cooperation in the field of Tourism between the Ministry of Tourism of the Republic of India and the Saudi Commission for Tourism and National Heritage of the Kingdom of Saudi Arabia.

Memorandum of Understanding between the Government of the Republic of India and the Government of Saudi Arabia for Cooperation in the Field of Housing.

Framework Cooperation Program between Invest India of the Republic of India and Saudi Arabian General Investment Authority of the Kingdom of Saudi Arabia on Enhancing Bilateral Investment Relations.

MoU for Cooperation on Broadcasting between Prasar Bharati, New Delhi, India and Saudi Broadcasting Corporation (SBC), Saudi Arabia for Exchange of Audio Visual Programme.

16:34 (IST)20 Feb 2019
We are very positive about our investment in India: Saudi Aramco CEO

Saudi Aramco CEO Amin Nasser said that he was positive about the investment made in India. "We are working with our partners Indian Oil, Bharat Petroleum and Hindustan Petroleum. We are very positive about our investment in India. With regard to Ratnagiri, the 1.2 million barrel refinery, we are very positive about the outcome."

15:40 (IST)20 Feb 2019
India, Saudi agree on need for increasing pressure on countries supporting terror: PM Modi

Prime Minister Narendra Modi said on Wednesday said that India and Saudi Arabia agree that there is a need to increase all possible pressure on countries supporting terrorism. Both the leaders explored ways to further deepen strategic ties against the backdrop of escalating tensions between India and Pakistan following the Pulwama terror attack.

15:15 (IST)20 Feb 2019
Five documents exchanged between India and Saudi Arabia: MEA

Five documents were exchanged in the presence of Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman in areas of investment, tourism, housing and information and broadcasting.

15:13 (IST)20 Feb 2019
Consolidating and diversifying partnership: MEA

Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman held talks on key areas of mutual interest-trade and investment, energy, defence and security, nuclear and space, civil aviation, renewables, counter-terrorism, community welfare and regional challenges. 

14:22 (IST)20 Feb 2019
Will cooperate with India in fight against terrorism: Saudi Crown Prince

On terrorism, Saudi Crown Prince Mohammed bin Salman said, "We will cooperate with India, including by intelligence sharing."

14:02 (IST)20 Feb 2019
Terror a concern for all, says Saudi Crown Prince Mohammed bin Salman

In his remark on terrorism, the Saudi Crown said that terrorism has been a common concern but avoided taking name of Pakistan. He also skipped referring to the Pulwama attack that was carried out Pak-based terror group JeM.

13:58 (IST)20 Feb 2019
PM Modi welcomes Saudi to International Solar Alliance

PM Modi also welcomed Saudi Arabia joining the International Solar Alliance. He said, "We also discussed how to further strengthen our defence cooperation."

13:56 (IST)20 Feb 2019
India, Saudi on same page in fight against terrorism: Modi

PM Modi said that he and Saudi Arabia Crown Prince also discussed about the terrorism and agreed to fight against it together. He said that terrorism is a threat to the world and we need to fight unitedly. Modi added that both India and Saudi Arabia are on the same page in fight against terrorism.

13:51 (IST)20 Feb 2019
India, Saudi to hold bi-yearly summits

PM Narendra Modi said that Saudi Arabia is one of India's most valuable strategic partners. Our relations have grown stronger. I welcome Saudi investment in Indian infrastructure. Modi also said that he and Saudi Crown Prince agreed for holding bi-yearly summit.

13:48 (IST)20 Feb 2019
PM Modi, Saudi Crown Prince issue joint statement

Prime Minister Narendra Modi and Saudi Arabia Crown Prince Mohammed bin Salman witness the exchange of MoUs between the two countries.

13:44 (IST)20 Feb 2019
Latest visuals from Hyderabad House

Delhi: Earlier visuals of delegation level talks between India and Saudi Arabia at Hyderabad House.

13:42 (IST)20 Feb 2019
PM Modi to raise cross border terrorism issue with Saudi Prince

During the delegation level talks, PM Modi is expecte to strongly take up the issue of cross border terrorism and the support Pakistan was extending to terror groups carrying out attacks on India.

13:13 (IST)20 Feb 2019
Congress slams PM Modi for breaking protocol to receive Mohammed bin Salman

The Congress party slammed Prime Minister Narendra Modi for breaking protocol to receive Saudi Crown Prince Mohammad Bin Salman. The party said that Modi insulted the service and sacrifice of martyrs and soldiers by personally receiving the Crown Prince whose India visit follows a two-day trip to Pakistan. CLICK HERE TO READ MORE

13:08 (IST)20 Feb 2019
Saudi Crown Prince to visit China next

Moammed bin Salman is on a three-nation diplomatic tour to Pakistan, India and China. On the final stop of his regional tour, Crown Prince Mohammad bin Salman will meet with Chinese President Xi Jinping.

13:03 (IST)20 Feb 2019
2016 India-Saudi joint statement

The 2016 joint statement made during PM Modi's visit to Saudi Arabia in 2016 had called on countries not to allow their territory being used for perpetrating terrorism. It had called on all states to reject the use of terrorism against other countries, dismantle terrorism infrastructure where they happen to exist, and "cut off any kind of support and financing to the terrorists operating and perpetrating terrorism from their territories against other states, and bring perpetrators of acts of terrorism to justice".

12:58 (IST)20 Feb 2019
Pm Modi, Saudi Crown Prince hold bilateral talks at Hyderabad House

Prime Minister Narendra Modi and Saudi Crown Prince Mohammad Bin Salman hold bilateral talks at Hyderabad House. Today is the second and last day of Crown Prince's India visit.

11:51 (IST)20 Feb 2019
Sushma Swaraj meets Saudi Crown Prince ahead of bilateral talks

EAM Sushma Swaraj called on Saudi Crown Prince of Mohammed Bin Salman. MEA spokesperson Raveesh Kumar tweeted that the leaders discussed about relationship in various fields - from trade & investment to defence & security, and regional cooperation.

11:37 (IST)20 Feb 2019
A royal welcome! tweets MEA

A royal welcome! the MEA said in a tweet as Saudi Crown Prince Mohammed Bin Salman inspected the Guard of Honour at the President's House.

11:37 (IST)20 Feb 2019
A royal welcome! tweets MEA

A royal welcome! the MEA said in a tweet as Saudi Crown Prince Mohammed Bin Salman inspected the Guard of Honour at the President's House.

11:05 (IST)20 Feb 2019
Saudi Arabia India’s 4th largest trading partner

The bilateral trade was 27.48 billion dollars during the last financial year 2017-18, making Saudi Arabia India’s 4th largest trading partner. Saudi Arabia contributes significantly to India’s energy security needs by supplying about 20 per cent of crude requirements to India. About 2.7 million strong and vibrant Indian community forms the largest expatriate group in Saudi Arabia.

11:00 (IST)20 Feb 2019
Saudi Prince Mohammed Bin Salman in India Live Updates: "We can create good things for Saudi Arabia and India"

In his remark after the ceremonial welcome at Rashtrapati Bhavan, the Saudi Arabia Crown Prince said, 'Today we want to be sure that this relation is maintained and improved for the sake of both countries. With the leadership of the President and the PM, I am sure we can create good things for Saudi Arabia and India.'

10:19 (IST)20 Feb 2019
Ceremonial welcome for Saudi Crown Prince at Rashtrapati Bhavan

Saudi Crown Prince Mohammad Bin Salman was given Guard of Honour at Rashtrapati Bhavan. Today is the second and last of his India visit. The Crown Prince and PM Narendra Modi will hold bilateral talks later today.

09:50 (IST)20 Feb 2019
India, Saudi Arabia to enhance defence ties

India and Saudi Arabia will look at enhancing defence ties including having a joint naval exercise. A joint statement by Riyadh-Islamabad on Monday said there was a need to avoid politicisation of the UN listing regime, an apparent reference to India’s efforts to list Pakistani terrorist Masood Azhar as a global terrorist.

09:33 (IST)20 Feb 2019
Saudi Crown Prince's maiden visit

This visit of Saudi Crown Prince follows a trip by Prime Minister Narendra Modi to the Kingdom in April 2016 during which the two countries agreed to elevate their strategic partnership.

09:12 (IST)20 Feb 2019
PM Modi to host a lunch in honour of the Crown Prince

PM Narendra Modi will host a lunch in honour of the Crown Prince at Hyderabad House on Wednesday. New Delhi and Riyadh will set up a 'Strategic Partnership Council' at the ministerial level to deepen partnership in areas like political, security, trade, investment and culture.

08:54 (IST)20 Feb 2019
Dialogue only way to resolve outstanding issues between India and Pakistan: Crown Prince

The Crown Prince arrived in Delhi on a less than 30-hour visit. The visit comes after his high-profile tour of Pakistan where he said dialogue was the only way to resolve "outstanding issues" between India and Pakistan. Salman was on a two-day visit to Pakistan. However, he returned to Saudi Arabia to make his India visit standalone.

08:27 (IST)20 Feb 2019
PM Modi, Saudi Crown Prince to hold bilateral talks today

The Crown Prince will hold delegation-level meetings with Prime Minister Modi on Wednesday to take forward the the existing strategic partnership between the two countries. He is accompanied by a high-level official delegation as well as a large business delegation.

08:12 (IST)20 Feb 2019
Saudi Crown Prince to call on President Kovind

The Crown Prince will also call on President Ram Nath Kovind later in the day. He will leave New Delhi around 11:50 PM on Wednesday.

08:04 (IST)20 Feb 2019
Mohammed Bin Salman India visit: India-Saudi to announce ministerial-level Strategic Partnership Council

During the two-day visit, India and Saudi Arabia are expected to announce a ministerial-level 'Strategic Partnership Council' with the issue of terrorism expected to figure in a major way during the talks in the aftermath of Pulwama terror attack.

07:58 (IST)20 Feb 2019
PM Modi breaks protocol to receive Saudi Crown Prince

Prime Minister Narendra Modi broke protocol to personally receive Saudi Crown Prince Mohammed bin Salman, who is on his first state visit to India, at the Palam airport in Dellhi. Prince Mohammed came to India a day after his visit to Pakistan. He was received by Modi with a warm hug. The Crown Prince had flown back to Saudi Arabia from Pakistan before coming to India.

23:54 (IST)19 Feb 2019
India likely to raise the issue of Pakistan-sponsored terrorism

Prime Minister Narendra Modi is likely to raise the issue of Pakistan-sponsored terrorism with Saudi Arabia's Crown Prince Mohammed bin Salman. The Saudi Crown Prince's visit comes in the backdrop of the escalating tension between India and Pakistan following the Pulwama terror attack carried out by Pakistan-based Jaish-e-Mohammad. The Crown Prince will leave New Delhi around 11:50 PM on Wednesday.

22:57 (IST)19 Feb 2019
Saudi Arabia is fourth largest trading partner of India

India's bilateral trade with Saudi Arabia was USD 27.48 billion in 2017-18. Saudi Arabia is also a key pillar of India's energy security, being a source of 17 per cent or more of crude oil and 32 per cent of LPG requirements of India. Recently, Saudi ARAMCO in partnership with ADNOC of UAE has agreed to partner in Ratnagiri Refinery and Petro-Chemical project Ltd which is a joint venture of USD 44 billion. (PTI)

22:08 (IST)19 Feb 2019
India is delighted to welcome Mohammed Bin Salman: PM Modi

Prime Minister Narendra Modi personally received Crown Prince of Saudi Arabia Crown Prince Mohammed bin Salman at the airport in New Delhi. Mohammed Bin Salman is on his first bilateral visit to India!  

22:01 (IST)19 Feb 2019
A new chapter in bilateral relations: MEA

Breaking protocol, Prime Minister Narendra Modi personally received Crown Prince of Saudi Arabia HRH Prince Mohammed bin Salman bin Abdulaziz Al-Saud on his first bilateral visit to India! 

21:47 (IST)19 Feb 2019
Mohammed Bin Salman India visit LIVE

Visuals of Prime Minister Narendra Modi and Saudi Arabia Crown Prince Mohammed bin Salman upon the Saudi Crown Prince's arrival in India.

#WATCH Delhi: Visuals of Prime Minister Narendra Modi and Saudi Arabia Crown Prince Mohammed bin Salman upon the Saudi Crown Prince's arrival in India. pic.twitter.com/WXXcnH8jyC

21:20 (IST)19 Feb 2019
PM Modi receives Mohammed Bin Salman in India

Prime Minister Narendra Modi received Saudi Arabia Crown Prince Mohammed Bin Salman upon his arrival in India. Mohammed Bin Salman is on a two-day visit to India.

Prime Minister Narendra Modi welcomes Crown Prince of Saudi Arabia Mohammed bin Salman on his arrival at Palam airport.Salman's visit comes in the back of his trip to Pakistan where he was given a red-carpet welcome by PM Imran Khan. The maiden visit of Crown Prince follows the visit of Prime Minister Narendra Modi to Islamic country in April 2016. The two countries had agreed to further elevate existing strategic partnership. India and Saudi Arabia have historically enjoyed close and friendly relations anchored in mutually beneficial partnership and extensive people to people contacts. In recent years, there has been significant progress in bilateral cooperation in key areas of mutual interest, including energy security, trade and investment, infrastructure, defence and security.
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