Thursday, November 26, 2020
More
    Home News India India and Saudi Arabia to Ink Raft of Pacts During PM Modi's...

    India and Saudi Arabia to Ink Raft of Pacts During PM Modi’s Visit to Riyadh

    India and Saudi Arabia to sign a raft of key pacts to significantly ramp up ties in several key sectors including oil and gas, during PM Modi's visit to Riyadh.

    Popular

    Bhoomi And Osman Mir’s New Song ‘Utsav’ Portrays Indian Traditions

    Ace versatile singer Bhoomi Trivedi best known for her Bollywood songs Ram Chahe Leela (Ram Leela, 2013), Udi Udi Jaye (Raees, 2016), and Husn...

    Sushant Singh Rajput Fans Rage At Ranveer Singh For Allegedly Mocking Photon Reference

    The sudden demise of actor Sushant Singh Rajput sent shockwaves across the nation. Everyone mourned the death of the budding star and asked for...
    00:01:07

    Mahira Sharma Starrer Music Video Lehanga Crosses One Billion Views

    Bigg Boss 13 fame Mahira Sharma is currently on top of the world as her 2019 music video, Lehanga, crosses one billion views on...
    00:19:02

    Muhurat Of Abhishek Bachchan And Amitabh Bachchan’s Unreleased Film Ranveer

    Amitabh Bachchan and Abhishek Bachchan were to cast together for the first time as father and son in the film 'Ranveer'. The film...
    00:01:40

    Taapsee Pannu Shares Her Ugly Experience In Bollywood

    Actor Taapsee Pannu who has given game-changing films to Bollywood has shared her ugly experience in the industry. Let us remind you that Taapsee...
    Ajay Nirmal
    Graduated from Mumbai University, Ajay brings in the latest news across sports, tech, and world news. Ajay loves talking on tech, latest news, and events.

    India and Saudi Arabia will sign several agreements, including one on forming a Strategic Partnership Council and another on a joint venture for retail outlets for petroleum products, during Prime Minister Narendra Modi’s visit to Riyadh next week.

    Modi, visiting the kingdom at the invitation of King Salman bin Abdulaziz, will hold a bilateral meeting with the Saudi ruler and delegation-level talks with Crown Prince Mohammad bin Salman on October 29. He will deliver the keynote address at the plenary session of the Future Investment Initiative forum in Riyadh the same day.

    The Strategic Partnership Council, which will be headed by PM Modi and the Saudi crown prince, was first mooted during Mohammad bin Salman’s visit to India in February. The agreement on the council will be signed during Modi’s meeting with King Salman, said TS Tirumurty, secretary (economic relations) in the external affairs ministry.

    The council will serve as an institutional mechanism to monitor progress in the bilateral strategic partnership, which has expanded in recent years from energy security to wide-ranging cooperation in defence and security, including information-sharing for counterterrorism.

    The two countries are also expected to finalise modalities for India’s single largest greenfield refinery to be built at Raigarh in Maharashtra with investments by Aramco of Saudi Arabia and Adnoc of the UAE. They expect to sign a MoU for a joint venture between Indian Oil Middle East and Al Jeri company for downstream cooperation in setting up retail outlets in Saudi Arabia.

    The two sides also expect to finalise a MoU on Saudi Arabia’s participation in India’s strategic petroleum reserves and modalities for the kingdom’s investment in India’s National Infrastructure Investment Fund, Tirumurty said.

    “We deeply appreciate the fact that they have been meeting our energy requirements on a reliable and sustainable basis,” he said, referring to Saudi’s status as the second largest energy supplier for India.

    India and Saudi Arabia are also set to hold their first joint naval exercise by early 2020, Tirumurty said, adding there have been talks on collaboration between the defence industries of the two sides.

    For latest entertainment news, bollywood news, hollywood news, celebrity gossips, latest movie reviews, entertainment news and gossips in hindi - follow Lehren on Facebook, Twitter and Youtube.

    ↓   Keep Scrolling for NEXT STORY   ↓

    Top Picks

    Football Legend Diego Maradona No More, Dies At 60 Years Old

    This is indeed a very sad and melancholic news for family, friends and fans of the football icon as Football legend Diego Maradona no...
    00:03:30

    Bigg Boss 14: “NO LOVE FACTOR”-Jaan Kumar Sanu On His Equation With Nikki Tamboli

    “NO LOVE FACTOR” Between Jaan Kumar Sanu & Nikki Tamboli! Jaan Kumar Sanu who recently got evicted from the show Bigg Boss 14 shares his...
    00:01:09

    45-Year-Old Shilpa Shetty Performs Headstand Like A Pro

    Fitness enthusiast Shilpa Shetty often motivates her fans by posting her yoga videos. In her latest post, she shared her journey of learning Shirshasana...

    Chhatisgarh’s Anupa Das Becomes Third Crorepati Of Kaun Banega Crorepati 12

    Third week in a row, Kaun Banega Crorepati Season 12 has found its next crorepati in Anupa Das, a humble teacher who hails from...
    00:01:33

    Watch: Taimur Learning Pottery With Mommy Kareena Kapoor

    Saif Ali Khan is currently in Himachal Pradesh to shoot for his upcoming film Bhoot Police. His wife Kareena and son Taimur also tagged...

    Also Read

    Joe Biden’s Pick For Secretary Of State Makes First Statement About...

    Joe Biden’s pick for secretary, Antony Blinken feels that India will play a key role in combating China. "We have a common challenge which is...

    Joe Biden And PM Modi Talk About Indo-US Relations

    President-elect Joe Biden and PM Modi spoke on the phone for the first time after the US 2020 elections got concluded. The result led to...

    JNU Students Protest For Modi To Go Back Amidst Statue Unveiling

    JNU students hold protest against the inauguration of the statue of Swami Vivekanand in their campus. While they are not against the idea of...

    Trending

    Bhoomi And Osman Mir’s New Song ‘Utsav’ Portrays Indian Traditions

    Ace versatile singer Bhoomi Trivedi best known for her Bollywood songs Ram Chahe Leela (Ram Leela, 2013), Udi Udi Jaye (Raees, 2016), and Husn...

    Sushant Singh Rajput Fans Rage At Ranveer Singh For Allegedly Mocking Photon Reference

    The sudden demise of actor Sushant Singh Rajput sent shockwaves across the nation. Everyone mourned the death of the budding star and asked for...
    00:01:07

    Mahira Sharma Starrer Music Video Lehanga Crosses One Billion Views

    Bigg Boss 13 fame Mahira Sharma is currently on top of the world as her 2019 music video, Lehanga, crosses one billion views on...
    00:19:02

    Muhurat Of Abhishek Bachchan And Amitabh Bachchan’s Unreleased Film Ranveer

    Amitabh Bachchan and Abhishek Bachchan were to cast together for the first time as father and son in the film 'Ranveer'. The film...
    00:01:40

    Taapsee Pannu Shares Her Ugly Experience In Bollywood

    Actor Taapsee Pannu who has given game-changing films to Bollywood has shared her ugly experience in the industry. Let us remind you that Taapsee...