Technology, energy and agricultural products were in the focus of a meeting of Saudi Crown Prince Mohammed bin Salman and India's Prime Minister Narendra Modi, according to the two countries' official readouts on Friday. The encounter one day before in Buenos Aires, on the sidelines of the summit of the Group of Twenty was also apparently used for cooperation in defense, where the kingdom's top official raised the subject of its aspirations in arms manufacturing. The world's second most populated country claimed the government in Riyadh would help to scale up its investments in two to three years.
Saudi Arabia vowed to maintain stability in the supply of oil and derivatives and expressed readiness to step up deliveries to India. The Middle Eastern state's main news organization SPA wrote the crown prince also known as MBS expressed interest in the other side's agricultural products as a substitute for imports from elsewhere.
Bin Salman and Modi highlighted the possibility of boosting India's solar power facilities via the SoftBank Vision Fund, in which Saudi Arabia is a key investor. The crown prince announced an upcoming investment in India's state-controlled National Investment and Infrastructure Fund.