Wednesday, 19 Feb 2020

India-Saudi Arabia Joint Statement during the State Visit of His Royal Highness the Crown Prince of Saudi Arabia to India 2 New Delhi

Prime Minister Modi welcomed the recent changes initiated by His Royal Highness Crown Prince to bring in moderation and openness in Saudi Arabia while His Royal Highness the Crown Prince conveyed his appreciation for Indian model of ethos of inclusiveness, pluralism and tolerance.

The two sides re-affirmed their deep commitment to strengthen the 'strategic partnership' envisaged in the 'Riyadh Declaration' of February 2010 and reiterated during the visit of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, in February 2014 and the visit of Prime Minister Shri Narendra Modi to Saudi Arabia in April 2016.

The two sides agreed to cement the existing 'Strategic Partnership' with high level monitoring mechanism by the creation of Strategic Partnership Council led by the Honourable Prime Minister and His Royal Highness the Crown Prince, supported by ministerial representation covering the whole spectrum of strategic relationships.

Both sides welcomed the outcomes of the Workshop between NITI Aayog and Saudi Centre for International Strategic Partnership (SCISP) organised recently in Riyadh. The Workshop has identified more than 40 opportunities of joint collaboration and investments across various sectors.

The following MoUs were signed during the visit:

1- MoU on investing in the National Investment and Infrastructure Fund of India.

2- MoU on cooperation in the field of Tourism.

3- MoU on cooperation in the field of Housing.

4- Framework cooperation programme between Invest India and Saudi Arabia General Investment Authority (SAGIA).

5- MoU for cooperation on Broadcasting for exchange of Audio-Visual Programmes.

6- Agreement for the Kingdom of Saudi Arabia to join the International Solar Alliance (ISA) launched by Honourable Prime Minister Modi.

Source: Saudi Press Agency

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