Riyadh, Nov 30 (TNS): Saudi Crown Prince Mohammed bin Salman expressed the kingdom’s willingness to provide for all of India’s oil and petroleum product needs during a meeting with Indian Prime Minister Narendra Modi in Buenos Aires, Saudi Press Agency (SPA) reported on Friday.<\/p>\n
According to SPA, the two leaders met at the residence of the Saudi crown prince \u2014 known by his initials MBS \u2014 in the Argentine capital and discussed bilateral cooperation between the two friendly countries in the various fields. Both the leaders are in Buenos Aires to attend the Group of 20 (G-20) summit which kicks off today (Friday).<\/p>\n
The meeting between the two leaders comes a few months after it was announced that \u2014 following US’s reimposition of sanctions against Iran \u2014 India will cut its oil imports from Tehran to zero.<\/p>\n
With limited exceptions, the US government’s reimposed sanctions against Iran will hit countries that do not stop importing Iranian oil and foreign firms that do business with blacklisted Iranian entities, including its central bank, a number of private financial institutions, and state-run port and shipping firms, as well as hundreds of individual Iranian officials.<\/p>\n
In September, the US government said that it is not going to provide a waiver to any country from curbs on commercial deals with Iran and the restriction applies to India as well.<\/p>\n
The following month it was announced that India will be joining other Asian buyers such as South Korea and Japan that have already halted imports from the Persian Gulf state before American restrictions take effect in early November.<\/p>\n
In the Buenos Aires meeting, Saudi Aramco\u2019s investment in refineries in India \u2014 especially the large refinery on the western coast of India and in the field of crude oil storage \u2014 came under discussion, reported SPA.<\/p>\n
Prince Mohammed accepted Modi’s invitation to join International Solar Alliance during the meeting. The two leaders discussed investment in solar energy through the Soft Bank Vision Fund and through the Saudi companies which will build solar energy projects.<\/p>\n
They also discussed the investment opportunities in the infrastructure through the Public Investment Fund and replacing Saudi Arabia’s agricultural imports from other countries with Indian agricultural products.<\/p>\n
According to SPA, the leaders discussed strategies to localise the military industry and cooperation in the field of military manufacturing in both countries and reviewed the available opportunities to export the Saudi non-oil products to India, and ways to develop bilateral trade.<\/p>\n
MBS at G-20 Summit
\nThe summit is the Saudi prince’s first significant appearance overseas since the killing of Saudi journalist Jamal Khashoggi in the kingdom’s Istanbul Consulate. Turkey\u2019s Recep Tayyip Erdogan, who has been sharply critical of Saudi Arabia over the incident, is also in attendance.<\/p>\n
French President Emmanuel Macron, who flew into Buenos Aires on Wednesday as one of the earliest arrivers, called for international involvement and \u201ccomplete clarity\u201d in investigations into the killing, and said European leaders should discuss it at a meeting Friday.<\/p>\n
Argentine President Mauricio Macri, the summit\u2019s host, said the matter of the killing would be \u201con the table\u201d during bilateral and possibly broader meetings.<\/p>\n
Saudia Arabia has denied that the crown prince played a role in Khashoggi\u2019s gruesome slaying. Human Rights Watch, however, has accused him of responsibility and also of war crimes in Yemen, and on Wednesday, Argentine legal authorities took initial action to consider a request to prosecute him for alleged crimes against humanity \u2014 a move apparently aimed at embarrassing him as he attends the summit.<\/p>\n","protected":false},"excerpt":{"rendered":"
Riyadh, Nov 30 (TNS): Saudi Crown Prince Mohammed bin Salman expressed the kingdom’s willingness to provide for all of India’s oil and petroleum product needs during a meeting with Indian Prime Minister Narendra Modi in Buenos Aires, Saudi Press Agency (SPA) reported on Friday. According to SPA, the two leaders met at the residence of […]<\/p>\n","protected":false},"author":1,"featured_media":80465,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-80464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/80464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80464"}],"version-history":[{"count":1,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/80464\/revisions"}],"predecessor-version":[{"id":80466,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/80464\/revisions\/80466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/media\/80465"}],"wp:attachment":[{"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}