Dhaka, Sun, 24 Mar, 2019

‘Trade and investment’ to top Saudi crown prince’s India visit

19 Feb, 2019 17:49:00

Saudi Crown Prince Mohammed bin Salman, looking to boost ties with Asian allies, arrives in India on Tuesday for a two-day visit amid rising expectations of further investment deals following a high-profile trip to Pakistan.

In New Delhi, Prince Mohammed will hold talks with Indian Prime Minister Narendra Modi, who is a recipient of Saudi Arabia's highest civilian honour, the King Abdulaziz Sash.

"Trade and investment, defence and security, including counterterrorism, and renewable energy" will be discussed during the crown prince's meeting with Modi on Wednesday, India's foreign ministry said.

The two sides are also expected to discuss oil giant Saudi Aramco's investment in refineries in India, including the company's stalled project to build a $44bn facility on the western coast of India.

On Monday, Devendra Fadnavis, chief minister of Maharashtra state, announced that the Indo-Saudi project would be moved to a new location following demonstrations by farmers protesting against land acquisition.

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