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.