New Delhi, Sep 11: India and Saudi Arabia on Monday decided to expedite implementation of the USD 50 billion West Coast refinery project, and identified energy, defence, semiconductor and space as areas for intensified cooperation during talks between Prime Minister Narendra Modi and Saudi Crown Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud.
In his opening remarks at the first India-Saudi Arabia Strategic Partnership Council meeting, Prime Minister Modi said the relationship between the two countries is crucial for regional and global stability. In the talks, the two sides agreed to diversify the current status of their hydrocarbons relationship into a “comprehensive energy partnership” and inked eight pacts to boost cooperation in a range of areas including digitisation and investment.
A joint statement said both sides also stressed the importance of strengthening security cooperation to combating terrorism and its financing.
Bin Salman was on a day-long State Visit to India following the end of the G20 Summit. (PTI)