Prince Mohammed visit to India will enhance cooperation: Saudi envoy

The current visit of Crown Prince Mohammed bin Salman is an extension of the meetings between the leaderships of the two countries and a historic opportunity to strengthen their historical friendship, strategic partnership and close cooperation in all fields, Saudi Ambassador to India Saud bin Mohammed Al-Satti has said.

India is the fourth trading partner of the Kingdom, Al-Satti told Saudi Press Agency, adding that the close cooperation between the two countries covers various fields, including energy, trade, investment, cooperation in the field of security and combating terrorism as well as enhancing regional and international security and stability.

"The relations between the Kingdom and India have grown steadily over the past decade and the cooperation between the two countries has increased after reciprocal visits by the leaders and officials of the two countries, which confirm the clear desire for further cooperation."

He also stressed the importance of the visit for strengthening relations, in various fields, and achieving more opportunities to deepen cooperation and strengthen the strategic partnership between the two countries.

Stressing the economic relationship between the Kingdom and India, he pointed out that it is gaining prominence due to the pioneering economic role, in the region and the world, and the complementarities between the two countries' economies, focusing on economic modernization and implementing major plans and strategies for rapid economic development, investment and technology transfer.

Major Indian companies have a significant presence in the Saudi market through projects in the various domains of development, infrastructure, agriculture, investment and technology, Al-Satti added.