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PM Modi on historic Saudi Arabia visit; to address at FII Forum in Riyadh 

Prime Minister Narendra Modi, who reached Riyadh on one day official visit, was accorded guard of honour at the Riyadh airport. Prime Minister was received at the royal terminal of the King Khalid International airport by the Governor of Riyadh Faisal Bin Bandar Al Saud. Indian Ambassador Ausaf Sayeed and his wife Fara Sayeed were also present  to receive the Prime Minister. 

Prime Minister will address the 3rd Future Investment Initiative, FII, forum in Riyadh and will hold bilateral discussions with King Salman bin Abdul Aziz Al Saud. 

At least 12 Agreements are likely to be signed during the visit covering areas, such as civil aviation, security related matters, defence, infrastructure & non renewable energy sector.  

This is Prime Minister Modi’s second visit to the Gulf Kingdom. 

Before leaving for Saudi Arabia, Prime Minister issued a pre-departure statement: India and Saudi Arabia have enjoyed traditionally close and friendly relations.  Saudi Arabia has been one of the largest and reliable suppliers of India’s energy needs. 

The Crown Prince during his visit to New Delhi in February 2019 committed to invest over US$100 billion in sectors of priority in India. 

Defence, security, trade, culture, education and people-to-people contacts are the other important areas of bilateral cooperation with Saudi Arabia.

During the visit, the Agreement for establishment of the Strategic Partnership Council will further elevate the India-Saudi Arabia Strategic Partnership to a new level. 

I also look forward to my participation in the Future Investment Initiative Forum where I will speak about the growing trade and investment opportunities for the global investors in India as the country marches forward to a 5 trillion dollar economy by 2024.

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