Gujarat summit boosts Saudi-India trade ties

A 12-member delegation of Saudi Indian Business Network (SIBN), which works under the aegis of Consulate General of India, attended the eighth Vibrant Gujarat Global Summit on Jan. 10-13 at Gandhinagar, Gujarat.
The summit brought together world leaders, ministers, corporate giants, senior policy makers and heads of international institutions and academia to further the cause of business development and to promote cooperation.
The delegation also promoted the first Indian-Expo 2017, which will be organized by MBN Luxury Lines in Association with SIBN on Oct. 22-24 at Jeddah Hilton.
The delegation met with various industry leaders and bureaucrats at the Gujarat summit.
A specific seminar on Saudi Arabia was organized in the summit to provide a platform to connect globally with potential partners to explore opportunities of collaboration and partnership.
Rajiv Kumar Gupta, principal secretary to the Gujarat government, assured the delegatioin of full help to encourage companies from Gujarat to attend the Jeddah exhibition. He confirmed that Gujarat National Fertilizers Company will participate in the Indian expo in Jeddah.
Zafar Sareshwala, chancellor of Maulana Azad National Urdu University and founder of Parsoli Group, said the intiative would expand the horizons and build stronger partnerships between two countries.
Walaa Khalil, CEO MBN Luxury Lines, said: “We recognize the favorable economic development between India and Saudi Arabia and we have seen a lot of potential in increasing trade and investment.”
Various businessmen met with the delegation and showed interest in the upcoming expo.
Zakariya Biladi, who was in charge of the SIBN delegation, said it was a big opportunity to improve bilateral relations in different areas of cooperation.