Saudi Arabia to invest 100 billion dollars in India

New Delhi, February 20:

Prime Minister Narendra Modi and visiting Saudi Crown Prince Mohammed bin Salman on Wednesday held talks in New Delhi to expand bilateral ties.

Briefing the media on the talks,  Secretary (Economic Relations) T S Tirumurti said Saudi Arabia will invest 100 billion dollars in India in a range of areas, including energy, refining and petro-chemicals.

Tirumurti said, the two leaders condemned in the strongest terms the recent terror attack in Pulwama.

He said, the complicity of Pakistan in Pulwama terror attack was very much underlined during talks between Prime Minister Narendra Modi and the Crown Prince.

He said, both leaders called on all states to reject the use of terrorism against other countries, dismantle terrorist infrastructure, cut off any kind of support and financing to terrorists and bring perpetrators to justice.

Tirumurti informed that to enhance cooperation in counter-terrorism efforts, including intelligence sharing,  the two countries will start a comprehensive security dialogue at the level of national security advisors. A joint working group on counter-terrorism will also be set up.

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