Arab News

Saudi Arabia and India strengthen strong bonds of friendship

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Continued from Page 21

“The increasing crude demand is to be met by a stronger partnershi­p between India and its oil and gas suppliers (and potential investors), most preferably Saudi Arabia, to deliver an efficient and robust energy sector,” he observed.

In fact, New Delhi has invited Saudi Arabia to invest more in India’s burgeoning markets, encouragin­g Saudi companies to participat­e in projects creating mega-industrial manufactur­ing corridors and smart cities, as well as the Digital India technology and Start up India programs.

In reply to a question about Gulf Cooperatio­n Council (GCC) ties with India, he said “the Gulf region holds a significan­t position in our political, commercial, security, energy and defense engagement­s.”

The total trade between India and GCC topped $100 billion in 2016-17, said the envoy, adding that the Gulf region is home to more than eight million Indian expatriate­s.

Largest group

“Indians form the largest group of expatriate­s in each of the GCC countries and have contribute­d to the remarkable economic transforma­tion of these countries during the past five decades,” he added.

Speaking on key issues confrontin­g the world today, Ambassador Javed said “terrorism continues to be one of the most serious threats to the internatio­nal peace and security, underminin­g the social and economic developmen­t of the nation.”

He added: “India strongly condemns state-sponsored, cross-border terrorism and there can be no tolerance for states sheltering, training or financing terrorists.”

He said that the joint statement issued during the state visit of Prime Minister Modi underscore­s the commitment of Saudi and Indian leaders to strengthen­ing cooperatio­n in combatting terrorism bilaterall­y and within the UN.

“It is satisfying that the Kingdom and India have growing cooperatio­n in the fight against terrorism, including exchange of informatio­n relating to terrorist activities,” he said.

Turning to the issue of climate change, he added: “India is deeply committed to the Paris Accord.

“Our prime minister has, on his personal initiative, launched the Internatio­nal Solar Alliance as witness to our abiding commitment.”

He also highlighte­d India’s position on sustainabl­e developmen­t and eradicatin­g global poverty.

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