Prime Minister Narendra Modi will begin a two-day visit to Saudi Arabia today.
During the visit, the Prime Minister will address the third session of Saudi Arabia’s Future Investment Initiative Forum tomorrow.
Briefing media, Secretary Economic Relations in External Affairs Ministry, T.S.Tirumurti said, Prime Minister Modi will meet the King of Saudi Arabia and hold delegation-level talks with Crown Prince Mohammad bin Salman.
Following the delegation-level talks an agreement on Strategic Partnership Council and MOUs in different fields will be signed. The Saudi Prince will also host a banquet dinner in his honour.
The visit of Prime Minister Modi to Saudi Arabia will be focused into strengthening the bilateral relationship between the two countries. Dubbed as the ‘Davos of the Desert’, the Forum projects the Kingdom as the investment hub of the region.
India and Saudi Arabia are likely to sign twelve agreements in key areas like civil aviation, defence procurement, security cooperation, non-renewable energy sector during the upcoming visit.
But most importantly, an MoU is likely to be signed to establish the Strategic Partnership Council for both the countries. Prime Minister Modi will hold bilateral talks with King Salman and delegation level talks with Crown Prince Mohd bin Salman.
The visit is very high on deliverables and is expected to strengthen the existing relationship between the two countries.