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Saudi Arabia a 'valued friend', says Modi

  •   Tue, Oct 29 2019 01:19:34 PM

Riyadh, Oct 29 (IANS): Prime Minister Narendra Modi, who is in Riyadh on a two-day official visit, described Saudi Arabia as a "valued friend".

Modi, who landed in Riyadh on Monday night, is slated to attend the Plenary Session of the Third Future Investment Initiative Forum on Tuesday.

"Landed in the Kingdom of Saudi Arabia, marking the start of an important visit aimed at strengthening ties with a valued friend. Will be taking part in a wide range of programmes during this visit," tweeted Modi.

At the Forum, Modi will speak about the growing trade and investment opportunities for the global investors in India as the country marches forward to a $5 trillion economy by 2024.

Major energy deals were set to be inked during the Modi's visit, including the West Coast Refinery Project and for India's Strategic Petroleum Reserve (SPR) Programme.

The West Coast Refinery Project is a $44 billion project in Maharashtra in which Saudi Aramco will hold considerable stake.

Under the SPR Programme, three massive underground storage facilities that India is building to ensure energy security.
  

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Comment on this article

  • ad, mangaluru

    Wed, Oct 30 2019

    Valued friend for a undervalued .

    DisAgree Agree [1] Reply Report Abuse

  • Ruben Pinto, Mangalore/Australia

    Tue, Oct 29 2019

    As long as they are allowed to invest only in industries and infrastructure. Nothing good has come out their investments in madrassas in Pakistan. But it has kept Pakistan on their leash to their bidding.

    DisAgree Agree Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Tue, Oct 29 2019

    "Modi, who landed in Riyadh on Monday night, is slated to attend the Plenary Session of the Third Future Investment Initiative Forum on Tuesday"
    For Imran Khan, Prince Salman may send his private Jet to facilitate his journey.

    DisAgree [1] Agree [10] Reply Report Abuse

  • ca girishkk, m'lore/dxb

    Tue, Oct 29 2019

    Sometime back..., I read in international media.., that Saudi Prince offered private jet to Honorable PM of Pakistan to travel to US, .... does it amounts to or falling short to call Pakistan is Valued friend of Kingdom of Saudi Arabia...????

    Only jokers can vouch & confirm my "?"..., b'coz I have great faith & love towards Jokers (not that b'coz their cheddi is on the floor)..,

    jh
    jai hind..,

    DisAgree [3] Agree [12] Reply Report Abuse

  • Manu, Mangalore

    Tue, Oct 29 2019

    Every crony capitalist is valued friend of Modi...Hope he doesn't sell much more petroleum companies for Saudi oligarchs

    DisAgree [3] Agree [14] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Tue, Oct 29 2019

    Ache Din ahead !

    DisAgree [1] Agree [13] Reply Report Abuse

  • Anonymous, Muscat

    Tue, Oct 29 2019

    PM never took eave in 18 years
    but is always found holidaying around

    DisAgree [6] Agree [21] Reply Report Abuse

  • nitin, kodagu

    Tue, Oct 29 2019

    valued friend of Ambani and Adani whose Authorised salesman is feku.

    DisAgree [5] Agree [28] Reply Report Abuse


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