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India, Saudi Arabia sign deals on terror financing, trade promotion

The agreements were signed after delegation-level talks here led by PM Modi and Saudi King Salman

Prime Minister Narendra Modi being received by Saudi King Salman bin Abdulaziz  at the official welcome ceremony at the Royal Court, in Riyadh, Saudi Arabia

Prime Minister Narendra Modi being received by Saudi King Salman bin Abdulaziz at the official welcome ceremony at the Royal Court, in Riyadh, Saudi Arabia

IANS Riyadh

India and Saudi Arabia signed five agreements, including one on terror financing and another on promoting trade between the two countries, on Sunday, the second and final day of Prime Minister Narendra Modi's bilateral visit to the Gulf kingdom.

The agreements were signed after delegation-level talks here led by Modi and Saudi King Salman bin Abdulaziz Al Saud.

A memorandum of understanding was signed between the financial intelligence units of the two countries on cooperation in the exchange of intelligence related to money laundering, terrorism financing and related crimes, according to External Affairs Ministry spokesperson Vikas Swarup.

Invest India and Saudi Arabian General Investment Authority (SABIA) signed a framework agreement on investment promotion cooperation.

 

The external affairs ministry and the Saudi labour ministry signed an agreement on labour cooperation for recruitment of general category workers.

A fourth agreement was signed between Export Promotion Council for Handicraft (EPCH) and the Saudi Commission for Tourism and National Heritage on an executive programme for cooperation in the field of handicrafts.

Another agreement for technical cooperation programme was signed between the Bureau of Indian Standards (BIS) and Saudi Standards, Metrology and Quality Organisation (SASO).

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First Published: Apr 03 2016 | 7:45 PM IST

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