Riyadh, February 28: Giving a new dynamism to bilateral ties, Prime Minister Manmohan Singh today said India sees Saudi Arabia as a strategic partner for promoting peace, stability and economic development and that the conditions were ripe for the two countries to enter into a comprehensive energy partnership.
Addressing the influential Council of Saudi Chambers of Commerce and Industry, Singh invited entrepreneurs from the oil-rich Kingdom to explore investment opportunities in India in construction, manufacturing, pharmaceuticals, health, agriculture, energy, telecommunications, tourism and other sectors.
Saudi ministers for oil and mineral resources, commerce and industry and foreign affairs called on Singh during his day’s hectic schedule.
The two sides finalised an Extradition Treaty and 10 other MoUs and agreements to further bolster bilateral cooperation.
“We deeply value Saudi Arabia’s role as a reliable partner in meeting our energy needs.
–Agencies