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  Business   Economy  18 Feb 2019  Indian delegation to Saudi Arabia pitches for trade cooperation

Indian delegation to Saudi Arabia pitches for trade cooperation

PTI
Published : Feb 18, 2019, 3:16 pm IST
Updated : Feb 18, 2019, 3:16 pm IST

The bilateral trade between the countries during April-November 2018 stood at USD 23.24 billion.

Niti Aayog CEO Amitabh Kant.
 Niti Aayog CEO Amitabh Kant.

New Delhi: A high-level Indian delegation led by Niti Aayog CEO Amitabh Kant to Saudi Arabia has called for bilateral cooperation with the Gulf nation in sectors like energy, food processing, pharmaceuticals and infrastructure.

The delegation visited Saudi Arabia for two days from February 16. It comes ahead of the visit of Saudi Arabia Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud to India on February 19 and 20.

 

The delegation took part in Niti Aayog-Saudi Centre for International Strategic Partnerships (SCISP) workshop and discussed cooperation opportunities in sectors like energy, food processing, pharmaceuticals, infrastructure, mining, ICT, tourism, defence, among others.

"During this workshop, Invest India Grid was launched in Saudi Arabia. Invest India is setting up a dedicated team for facilitating Saudi investments in India," the Niti Aayog said in a statement.

Six working groups have identified 40 investment, trade and business opportunities with vast potential for expansion, it said. India's ambassador to Saudi Arabia Ahmad Javed was also a part of the delegation, the statement said.

 

The Saudi side was represented by senior officials from various ministries. The bilateral trade between the countries during April-November 2018 stood at USD 23.24 billion, as per the statement. 

Tags: bilateral trade, niti aayog, saudi arabia, amitabh kant
Location: India, Delhi, New Delhi