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'India, Saudi Arabia to better understanding'

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Press Trust of India Dubai

"Our bilateral political relations got a boost with King Abdullah's visit to India in 2006. Yet, we have to go a long way. We don't have to sell India (to you), but help you see India to realise its potential," Farook said.     

Taking upon himself the responsibility of strengthening political relations with the Kingdom, he said,"India tops in telecom, medical facilities and professionals like engineers and technicians. What we need is a perfect understanding between the two countries," he added.     

 

India is among the top seven trading partners of the Kingdom, with bilateral trade exceeding $15 billion and Indian companies the fifth biggest investors in the country, an Arab newspaper reported.     

The diplomat was speaking at an event organised by the Saudi-Indian Business Network (SIBN) in Jeddah, attended by several trade experts, who noted that there were many ventures which offer opportunities of cooperation between the two countries which Saudi entrepreneurs should consider.     

"There is so much information available on the Internet and there are many organisations ready to get things started quickly and effectively, including SIBN," Jeddah Economic Forum Chairman Sami Fouad Bahrawi said.     
The experts further contended that Saudi Arabia's "Look East" policy augured well for boosting bilateral political, economic and cultural relations with India.

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First Published: Jun 02 2008 | 3:26 PM IST

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