India an investment priority for Saudi Aramco: CEO Amin Nasser


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In a joint press meet, Modi and Mohammed bin Salman emphasised the need to fight terror in all forms.

In the letter, the crown prince expressed "gratitude and appreciation" for Modi's hospitality during his visit with the Saudi delegation. The prince, known as MBS, is in India along with leading Saudi businessmen and company representatives at the invitation of Prime Minister Narendra Modi.

"The issue is how do you build trust and confidence between the two countries that will allow them to move forward in a way that protects both countries and in a way that defeats extremists groups and terrorists groups that may operate in one country or the other", he added.

"We continue to remain positive on our investments in India. We will work with all the countries to ensure a brighter future for the coming generations".

Earlier in the day, in a joint statement, India and Saudi Arabia have condemned, in the strongest terms, the recent terrorist attack on Indian forces in Pulwama in Jammu and Kashmir.

Further, the MEA said that both the leaders underlined the importance of comprehensive sanctioning of terrorists and their organisations by the United Nations while underlining the complicity of Pakistan in Pulwama attacks. ♦ Exercise restraint: UN UN chief Antonio Guterres has called on India and Pakistan to exercise "maximum restraint" and take "immediate steps" to de-escalate tensions following the Pulwama terror attack, reiterating that his good offices are available if asked by both sides. "In this context, both sides agreed on the need for creation of conditions necessary for resumption of the comprehensive dialogue between India and Pakistan". "It did not. The intention was that the process of designation is clear and not political", Al-Jubeir, who is here with the Saudi Crown Prince, said. Saudi Arabia wants to invest more, officials said. "We will catch up in case of any delay in setting up the mega refinery in India due to location shift", Nasser said on the side-lines of Saudi India Forum here. The world's most populous nation accounted for about 15 percent of all Saudi imports and exports a year ago compared with 8 percent a decade earlier, according to data compiled by Bloomberg.

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Talks between the Indian and Saudi Arabian delegations.

Saudi Arabia had signed agreements for investment of $20 billion during Prince Mohammed's visit to Pakistan.

A lawmaker from India's main opposition Congress party criticized Modi's "hugplomacy" because of Prince Mohammed's investment pledges in Pakistan and praise for Islamabad's anti-terrorism activities. The protocol was first suggested by India in 1996.

India is an investment priority for Saudi Aramco, he said.

The crown prince also said he wanted to expand commercial relations with India.

After his Pakistan visit, the Crown Prince arrived in India Tuesday night where he and Prime Minister Narendra Modi on Thursday agreed to tackle the menace of terrorism and increase pressure on countries supporting it. However, the language backing these deals in the joint statement warrants caution, with the word "potentially" preceding most figures being announced.