Spain will go ahead with arms deal with Saudi Arabia

(AFP)
Updated 13 September 2018
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Spain will go ahead with arms deal with Saudi Arabia

MADRID: Spain will go ahead with the sale of 400 laser-guided bombs to Saudi Arabia, Foreign Minister Josep Borrell said on Thursday.
“The decision is that these bombs will be delivered to honor a contract that comes from 2015, and was made by the previous government,” Borrell told Onda Cero radio.
Several government ministries had worked on the issue for a week and the contract was reviewed three times by a commission that authorizes arms sales, Borrell said, adding, “We found no reason not to carry it out.”
Borrell said the laser-guided bombs hit their targets with “extraordinary precision” of within one meter. “This kind of weapon does not produce the same sort of bombing as less sophisticated weapons, launched a bit randomly.”
The defense ministry said last month that the current Socialist government, which took power in June, had never sold arms that could be used against a civilian population and would review the criteria used to authorize arms sales.


Saudi crown prince ‘hopes’ investments with India will create many jobs

Updated 20 February 2019
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Saudi crown prince ‘hopes’ investments with India will create many jobs

  • Saudi Arabia expects investments in India to reach $100 billion in the next two years
  • Modi praised relations between the two countries after signing cooperation agreements

DUBAI: Saudi Arabia’s Crown Prince said on Wednesday that he hopes that investments with India will create many jobs.

During a press conference with India’s Prime Minister Narendra Modi, Crown Prince Mohammad bin Salman said Saudi Arabia expects investments in India to reach $100 billion in the next two years.

The Crown Prince also said that there were many opportunities for India and Saudi Arabia and added that relations between the two countries were historic.

Modi praised relations between the two countries after signing cooperation agreements.