Saudi Arabia, India renew pledge to boost economic ties

King Salman received Indian Finance Minister Arun Jaitley at Al-Yamamah Palace in Riyadh on Sunday. (SPA)
Updated 18 February 2018
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Saudi Arabia, India renew pledge to boost economic ties

RIYADH: Saudi Arabia and India have renewed pledges to boost bilateral economic, investment and trade cooperation following talks between King Salman and Indian Finance Minister Arun Jaitley at Al-Yamamah Palace on Sunday.
“King Salman and the Indian minister discussed bilateral relations and ways of developing and enhancing them in various fields,” said an SPA report.
Jaitley also attended a meeting with a large number of top-notch Saudi businessmen at the Council of Saudi Chamber (CSC), where he was received by Ahmed Sulaiman Al-Rajhi, CSC chairman.
“The progressively growing cooperation between the Kingdom and India in the fields of trade and commerce; and how to strengthen trade ties; figured prominently in the meeting,” said a CSC statement. Saudi Arabia is India’s fourth-largest trading partner besides being a major energy supplier to India. The volume of two-way trade between the two countries exceeded $25 billion in 2016-17.
Dr. Saud M. Al-Sati, the Saudi ambassador to India, told Arab News: “The Saudi-India Joint Ministerial Commission’s (JMC) meeting will be held here on Monday.” The JMC, in which many top Saudi and Indian officials will participate, will chalk out a plan to cooperate with each other for economic development, he added. This 12th JMC will be co-chaired by Dr. Majed Al-Qasabi from the Saudi side and Jaitley for India.
The meeting will focus on enhancing bilateral cooperation, knowledge exchange and economic ties between the two countries.
Saudi Arabia and India enjoy cordial and friendly relations and have forged closer strategic ties. The visit of King Salman to India, as crown prince in 2014, further deepened the relations between the two countries. Moreover, the recent visit of Indian Prime Minister Narendra Modi in April 2016 is seen as a turning point in the growing engagement between the Kingdom and India.


KSRelief 45-vehicle aid convoy heads to Hodeidah

Updated 7 min 2 sec ago
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KSRelief 45-vehicle aid convoy heads to Hodeidah

  • Al-Rabeeah said KSRelief had carried out a total of 262 aid projects in all governorates of Yemen
  • Al-Rabeeah called on international humanitarian organizations to provide relief assistance to the people of Yemen.

RIYADH: A 45-vehicle aid convoy carrying more than 460 kilograms of foodstuffs, medical and housing supplies left Saudi Arabia for the Yemeni province of Hodeidah on Wednesday.

Dr. Abdullah Al-Rabeeah, KSRelief general supervisor, said that 18 of the trucks were sent from Sharurah, 15 from Jazan and 12 from Riyadh.

The convoy included 142 kilograms of food baskets and 320 kilograms of dates as well as shelter materials, tents, rugs and blankets for Hodeidah residents.

Al-Rabeeah said KSRelief had carried out a total of 262 aid projects in all governorates of Yemen.

He called on international humanitarian organizations to provide relief assistance to the people of Yemen.

The Arab coalition has secured all Yemeni crossings for humanitarian aid to alleviate Yemeni people’s suffering caused by violations committed by the Iran-backed Houthi militias, who have been looting humanitarian aid to Yemen, Al-Rabeeah said.

 “We have been always by the side of Yemeni civilians. Our prime goal is to alleviate the humanitarian situation in Yemen in general and Hodeidah in particular. We will use all transportation means, land, air or seaports, to help our brothers and sisters in Hodeidah,” he added. 

“We are welcoming coordination with the international humanitarian organizations to have a joint effort that will definitely pour into the civilians in Hodeidah to reduce the humanitarian crisis there as the coalition has expressed its full readiness to protect the aid and facilitate the means to reach different destinations,” Al-Rabeeah said.

Abdulsalam Babood, senior official to the Yemeni government and a member of Yemeni Relief Committee, said: “On behalf of my country and the Yemeni people, I would like to express my thanks and appreciation to King Salman and the crown prince for their unmatched generosity and unwavering support to the Yemeni civilians in terms of medical supplies and food and other needed items for survival.

“Hodeidah has been suffering from the humanitarian crisis over the past three years due to the full control imposed by the Houthi militants on them. Starvation and the big shortage in medical supplies and medications and huge environmental issues are the main struggles of the people there. International reports estimate that 61 percent of people in Hodeidah are in urgent need of essential supplies. We then put a plan to cope with this humanitarian crisis.”