“Warm And Productive: S Jaishankar On Talks With Saudi Arabian Counterpart

The minister mentioned that they mentioned present international political and financial issues


External Affairs Minister S Jaishankar on Sunday held “warm and productive” talks along with his Saudi counterpart Prince Faisal bin Farhan throughout which they mentioned present international political in addition to financial points and agreed to work intently collectively in G-20 and multilateral organisations.

S Jaishankar arrived right here on Saturday on a three-day go to to Saudi Arabia to debate methods to additional strengthen relations between the 2 international locations. It is his first go to to Saudi Arabia as External Affairs Minister.

On Sunday, S Jaishankar co-chaired along with his Saudi counterpart the primary ministerial assembly of the Committee on Political, Security, Social and Cultural Cooperation (PSSC), established beneath the framework of the India-Saudi Arabia Strategic Partnership Council.

“Warm and productive meeting with Saudi Foreign Minister HH Prince @FaisalbinFarhan this afternoon. Co-chaired the Political, Security, Social and Cultural Committee of the India-Saudi Partnership Council,” Jaishankar tweeted in each English and Arabic.

The minister mentioned that they mentioned present international political and financial issues. “Agreed to work closely together in G20 and multilateral organizations,” he added.

India and Saudi Arabia get pleasure from cordial and pleasant relations reflecting the centuries-old financial and socio-cultural ties. Saudi Arabia is India’s fourth-largest buying and selling associate.

Earlier within the morning, Mr Jaishankar addressed diplomats on the Prince Saud Al Faisal Institute of Diplomatic Studies in Riyadh.

During his handle, the minister underlined the significance of the strategic relationship between the 2 international locations and mentioned that the collaboration between them holds the promise of shared progress, prosperity, stability, safety and growth.

“Addressed diplomats at the Prince Saud Al Faisal Institute of Diplomatic Studies in Riyadh this morning. Underlined the importance of India-Saudi Strategic Relationship at a time when the world is at crossroads,” he mentioned in a tweet.

“Our collaboration holds promise of shared growth, prosperity, stability, security and development,” he added in one other tweet.

More than 18 per cent of India’s crude oil imports are sourced from Saudi Arabia. During FY22 (April -December), bilateral commerce was valued at USD 29.28 billion. During this era, India’s imports from Saudi Arabia have been valued at USD 22.65 billion and exports to Saudi Arabia have been price USD 6.63 billion.

S Jaishankar began his go to to Saudi Arabia with interplay with the Indian neighborhood on Saturday. He appreciated the contribution of Indian diaspora in going through nationwide challenges.

“Spoke to them about our country’s resilience, especially during the time of the Covid and national transformation that is underway in India,” Jaishankar tweeted.

The roughly 2.2-million-strong Indian neighborhood is the most important expatriate neighborhood within the Kingdom, in response to the Indian embassy in Riyadh.

S Jaishankar mentioned India has made highly effective efforts to develop its financial system and emerge as a higher-income nation as he expressed hope that will probably be the quickest rising main financial system on the planet this yr with at the very least 7 per cent progress regardless of the challenges posed by the Ukraine disaster.

Addressing the Indian neighborhood right here, Jaishankar mentioned: “India thinks about the ways in which it can change its credit, banking, education and labour policy.” He mentioned that India has made highly effective efforts to develop its financial system and transfer in the direction of turning into a higher-income nation.

He identified that the world is going through many challenges, like rising meals, oil and delivery costs as a result of Ukraine disaster.

“But we are still very confident that India will be the fastest growing major economy in the world this year. We will get at least 7 per cent growth,” he mentioned.

Jaishankar additionally lauded the rising ties between India and Saudi Arabia. He mentioned throughout the Covid disaster, “We saw our international friendships also deliver at that point of time.” “Saudi Arabia was very helpful and provided supplies of oxygen. Two years of Covid are when the country was tested but we came through,” mentioned S Jaishankar.

Speaking about the important thing function the Indian diaspora performs within the ties between the 2 international locations, S Jaishankar mentioned, “In many ways, all of you shaped the image of India and what Saudis think about India and what we are about.” “Consciously or unconsciously, all of you through your achievements, contributions, profession, and friendships have collectively built up what is the total Saudi perception of India. For that, your country will be always grateful,” he mentioned.

“One of our foreign policy priorities is to ensure that our people get good treatment abroad,” he mentioned.

On the primary day of his go to on Saturday, Jaishankar additionally met the GCC Secretary-General and exchanged views on present regional and international points.

The GCC is a regional, intergovernmental, political, and financial union comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

India enjoys historically cordial relations and cooperation with the GCC.

Earlier this yr, there was an unease in India’s ties with some Muslim-majority international locations, together with Gulf nations, over the controversial remarks of two former BJP leaders on the Prophet Mohammad. All six GCC nations had condemned the remarks.

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