[ad_1]
A billboard stands in entrance of buildings underneath building on the Gujarat International Finance Tec-City (GIFT) at Gandhinagar, within the western state of Gujarat, March 20, 2019.REUTERS/Amit Dave Acquire Licensing Rights
NEW DELHI, Sept 11 (Reuters) – Saudi Arabia will think about establishing an workplace of its Sovereign Wealth Fund in India’s Gujarat International Finance Tec-City (GIFT) within the west, Investment Minister Khalid Al Falih mentioned in New Delhi on Monday.
“I match your offer and commit today to opening an office,” Falih after India’s commerce minister Piyush Goyal invited Saudi to arrange an workplace in GIFT City.
GIFT City is India’s tax-neutral monetary providers centre and a key venture for Indian Prime Minister Narendra Modi, with the purpose rivalling monetary providers centres in Dubai and Hong Kong.
Goyal additionally mentioned he’ll counsel that his ministry begins an funding promotion workplace in Riyadh.
Modi and Saudi Crown Prince Mohammed bin Salman reviewed commerce ties in a meeting on Monday, a day after the G20 summit in New Delhi.
Reporting by Shivangi Acharya and Nidhi Verma, writing by Blassy Boben, enhancing by Ed Osmond
Our Standards: The Thomson Reuters Trust Principles.
[adinserter block=”4″]
[ad_2]
Source link