Ex­pand­ing Hori­zons, En­hanc­ing Trade

FICCI Business Digest - - States -

An ex­clu­sive in­ter­ac­tive meet­ing was or­ga­nized by the Royal Em­bassy of The King­dom of Saudi Ara­bia in In­dia along with FICCI Ker­ala State Coun­cil to ap­prise of the ex­ist­ing good eco­nomic ties between In­dia and Saudi Ara­bia and to ex­plore pos­si­bil­ity to fur­ther en­hance trade and in­vest­ment.

Saud Al-Sati, Saudi Am­bas­sador to In­dia, un­der­lined the op­por­tu­ni­ties that Saudi Ara­bia pro­vides. He urged the par­tic­i­pants to visit Saudi Ara­bia to ex­pe­ri­ence op­por­tu­ni­ties that the coun­try of­fers. 'Ker­ala is a favoured des­ti­na­tion for Saudis for tourism and health care,' added Saud and ap­pre­ci­ated the key role played by Ker­alites to­wards growth and pros­per­ity of Saudi Ara­bia. He assured the sup­port and co­op­er­a­tion to Ker­ala-based com­pa­nies and in­vited them to seek sup­port of the Saudi Em­bassy in In­dia. The am­bas­sador stated that FICCI is a nat­u­ral part­ner to Saudi Ara­bia in ex­pand­ing its eco­nomic ties with In­dia. Ra­jat Do­gra, Se­nior Trade Ad­viser, Em­bassy of Saudi in In­dia, shared the de­tails re­gard­ing the po­ten­tial of Saudi Ara­bia and the over­all tax struc­ture of Saudi Ara­bia, the new eco­nomic poli­cies for trade and in­vest­ment and the key sec­tors look­ing for growth and co­op­er­a­tion.

FICCI Ker­ala State Coun­cil, Co-Chair, Deepak L Aswani, men­tioned about the over­all strength of Ker­ala es­pe­cially in sec­tors such as food, agro, IT, tourism, ed­u­ca­tion, health, well­ness, re­tail, logistics, fi­nance and bank­ing. Savio Mathew, Head, FICCI Ker­ala State, ex­plained about FICCI's ini­tia­tive in Saudi Ara­bia and over­all trade and in­vest­ments between Saudi Ara­bia and In­dia.

Dr Saud Al-Sati, Saudi Am­bas­sador to In­dia.

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