India-Saudi ties growing stronger: Envoy

New Delhi, Sep 29 (IANS) India-Saudi Arabia ties are going strong and their bilateral energy cooperation is at a high level, the kingdom’s envoy, Saud bin Mohammed Al-Sati, said on the occasion of his country’s national day.

The embassy celebrated its National Day on Monday. The day is celebrated across Saudi Arabia on September 23 to mark the unification of the nation.

Touching on the bilateral relationship, the envoy said: “The ties between India and Saudi Arabia have never been better, and they are getting stronger by the day. Our energy ties are also growing. Our relationship is at a very enhanced level.”

Saudi Arabia is India’s fourth largest trading partner. The two-way trade in 2013-14 was over $48.62 billion, and touched $29.90 billion during April-November 2014. The import of crude oil forms a major component of the bilateral trade.

Over 2.8 million Indian expatriates are working in Saudi Arabia – from high end scientific and research jobs to the construction sector. They contribute majorly to the Saudi economy and play a vital role in strengthening India-Saudi bilateral ties.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here