CAIRO: Saudi Crown Prince Mohammed bin Salman met with Indian Prime Minister
Narendra Modi and discussed cooperation between the two countries in security, energy and investments, the
Saudi press agency (Spa) said early on Friday.
The two leaders, who met in the prince's residence in
Buenos Aires, also discussed Saudi Arabia's readiness to supply India with all its needs of oil and petroleum products and Saudi oil giant Aramco's investments in the fields of oil refining and oil storage in India, SPA said. The crown prince and PM Modi also agreed on investing in solar energy, it added.
India expects significant scaling up of Saudi investments
India expects Saudi Arabia to ramp up investments in several sectors including technology, farm and energy over the next couple of years, a senior Indian official said, after the meeting.
The two men met on the sidelines of the G20 conference in Buenos Aires and agreed to increase economic cooperation.
"We expect that in the next 2 to 3 years there will be significant scaling up of Saudi investments in India," said Indian Foreign Secretary Vijay Gokhale, providing a readout of the meeting.