Saudi Arabian Foreign Minister meets Manmohan Singh

February 28th, 2008 - 9:04 pm ICT by admin  

Manmohan Singh

New Delhi, Feb 28 (ANI): Saudi Arabian Foreign Minister Prince Saud Al Faisal, who is in India to hold talks on further enhancing political and economic relations between the two countries, on Thursday met Prime Minister Manmohan Singh.

Earlier in the day, Faisal held talks with his Indian counterpart Pranab Mukherjee covering a wide range of bilateral, regional and international affairs.

The two sides examined ways and means to further strengthen cooperation in several areas with Saudi Arabia reiterating the need for faster implementation of the Delhi Declaration.

They also discussed the need to further develop trade and investment relations and the possibility of increased investment by Saudi Arabia in India in infrastructure, chemicals, petro-chemicals and energy sectors.

In January India and Saudi Arabia had agreed to allow their airlines to add more flights between the two countries and ply on a larger number of routes.

India and Saudi Arabia agreed in 2006 to develop a strategic energy partnership to boost ties between Asia’s third-largest consumer and the world’s top oil exporter.

The deal sought to increase the export of Saudi oil to India, which already accounts for a quarter of India’s crude imports.

The agreement, known as Delhi Declaration, was signed during the 2006 visit of Saudi King Abdullah to New Delhi, and aimed to promote joint investments by private and state-run firms in energy projects in both countries. (ANI)

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