Saudi Arabia, India sign business accords

Published January 26th, 2006 - 07:55 GMT
Al Bawaba
Al Bawaba

Over the past few days, Saudi Arabia and India have signed 20 partnership accords for their private sectors, Kuna reported. Speaking at a Saudi-Indian businessmen summit, Secretary-General of the Council of Saudi Chambers of Commerce and Industry, Saad Al-Sultan said the talks that took place over the past few days have resulted in signing these accords.

 

On his part, Indian Prime Minister Manmohan Singh said, during the summit, that India needs investments worth US$ 100 billion in telecommunications and energy, calling upon Saudi businessmen to invest in infrastructure projects.