Crown Prince of Saudi Arabia Mohammad Bin Salman bin Abdulaziz Al Saud, will be visiting India on his first State visit on February 19-20. He will be accompanied by a high-level delegation, including Ministers, senior officials, and leading Saudi businessmen.
During the forthcoming visit, the Crown Prince will call on President Ram Nath Kovind and Vice President M. Venkaiah Naidu, and hold bilateral talks with Prime Minister Narendra Modi on wide range of issues of mutual interest. External Affairs Ministry in a release said, the visit follows the highly successful visit of Prime Minister Narendra Modi to Saudi Arabia in April 2016, during which the two countries 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.
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. (AIR NEWS)