New Delhi [India], September 11 (ANI): India and Saudi Arabia have signed as many as eight agreements throughout the State go to of Crown Prince and Prime Minister of Saudi Arabia Mohammed bin Salman bin Abdulaziz Al Saud, stated Ministry of External Affairs on Monday.

Addressing a press briefing on the State go to of the Saudi Crown Prince, Secretary (CPV and OIA) Ausaf Sayeed stated, “I am happy to share with you that during this visit as many as eight agreements have been signed.”

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The agreements signed are within the area of power, within the area of digitalization and digital manufacturing, and cooperation between India’s Central Vigilance Commission and Saudi Anti-corruption. There was an settlement between the 2 funding entities, India and Saudi counterparts Exim banks, Small and Medium Enterprises Banks and an settlement on desalination. An settlement was additionally signed on renewable power.

“One is the field of energy which was signed by the Saudi Minister of Energy and our Minister of New and Renewable Energy,” stated Sayeed.

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“Then there was an agreement between the agreement in the field of digitalisation and electronic manufacturing between the IT ministries of both sides,” he stated.

Another settlement was between Central Vigilance Commission of India and its counterpart the Saudi Oversight and Anti-Corruption Authority.

“And the fourth agreement was between the National Archives. Then there was an agreement between the two investment entities, that is Invest India on the Indian side and the Ministry of Investment on Saudi side,” stated Sayeed.

“There was another agreement between the two EXIM banks and there was also another agreement between the Small and Medium Enterprises Bank banks of two sides, that is SIDBI and the SME Bank of Saudi Arabia,” the Secretary stated, including, “And the last one was in the field of Desalination.”

Over two dozen Memoranda of Understanding had been signed between India and Saudi Arabia firms, starting from Information Technology, agriculture, prescription drugs, petrochemicals, and human sources, amongst different sectors.

“The Crown Prince congratulated India for a very successful G20 meeting with a lot of major outcomes in the meeting…The two sides expressed their happiness at the launching of the India-Middle East-Europe Corridor…PM also congratulated the Kingdom on becoming a full member of the BRICS…,” stated the MEA Secretary.

These MoUs had been signed between non-public firms of each international locations, together with Serum Institute of India, HP, VFS Global, and ICICI Bank. The signing of the MoUs was facilitated by Invest India and Saudi Arabia’s funding ministry.

The signing of the agreements occurred as Saudi Arabian Prime Minister and Crown Prince Mohammed bin Salman Al Saud started his State go to after having participated within the G20 Summit in New Delhi. The Saudi Crown Prince arrived in Delhi on a three-day go to on Saturday and stayed again after the G20 Summit for his state go to.

In a quick assertion, Prince Mohammed bin Salman congratulated India for a profitable G20 presidency.

“Well done India, a lot of announcements made that will benefit both our countries, the G20 countries and the whole world. So I want to say to India well done, and we will work to create a future for both countries” he stated.

Earlier right now, the Saudi Crown Prince was accorded a ceremonial reception on the forecourt of Rashtrapati Bhavan.

The ceremonial welcome was adopted by a bilateral between the Crown Prince and Prime Minister Narendra Modi at Hyderabad House. (ANI)

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