The Saudi Crown Prince Lands Into India’s Crown Security Concerns

The Saudi Crown Prince Lands Into India’s Crown Security Concerns

The Saudi Crown Prince Lands Into India’s Crown Security Concerns

Saudi Arabia's energy minister Khalid al-Falih said he wants Saudi Aramco and SABIC, the Kingdom's petrochemical company, to be household names in India. This comes hours after France chose to move a resolution at the United Nations to list the Jaish Chief as a "global terrorist".

India-Saudi Joint statement: Need for creating conditions necessary for resumption of the comprehensive dialogue between India and Pakistan. The foreign minister had said that he was not sure that who was behind the attack.

Modi, in his remarks at the joint media interaction with the Saudi leader, mentioned the "barbaric terror attack" in Pulwama and said it was another manifestation of the danger posed by terrorism to humanity.

While the Saudi crown prince may be best known in the West for alleged links to Khashoggi's killing, his country is famous in India for something else: It's a home away from home for almost 3 million Indian workers.

Organised in partnership between SAGIA and the Saudi Center for Strategic International Partnerships (SCISP) with the Confederation of Indian Industry (CII), the event brought together more than 400 high-ranking government officials and business leaders from both countries to foster future collaborations, building on the deeprooted bilateral ties between Saudi Arabia and India.

In view of the Pulwama attack which left 49 CRPF men did and triggered tensions between the two nuclear armed neighbors, Saudi Arabia said the situation between India and Pakistan should be de-escalated. "We are looking at other opportunities".

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The Crown Prince is expected to travel to China from India. The Indian statement said this new batch of Saudi investments was "potentially worth in excess of $100 billion".

"We agree that to deal with it effectively, there is need to put all possible pressure on countries which are giving any kind of support to terrorism", Modi said.

Saudi Oil Minister Khalid al-Falih and RIL Chairman Mukesh Ambani previous year in a meeting discussed opportunities for joint investment and cooperation in petrochemical, refining and communication projects. India´s opposition Congress party meanwhile criticised Modi for welcoming the crown prince "with such abundance - only hours after he promised billions to Pakistan" while Indians were in grief over the Kashmir attack. "India has played a positive role", the Crown Prince said while addressing a joint press conference.

"We face similar challenges, chief among them extremism and terrorism ... and we reaffirm to India that we are ready to work in the intelligence and political arenas to coordinate our efforts..." the crown prince said.

Saudi Aramco is also keen on retailing fuel in India.

Saudi Arabia made a decision to increase haj quota from India to two lakh from the present 1.75 lakh and release 850 Indian prisoners.

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