The President of the Council of Saudi Chambers for Commerce and Industry Engineer Abdullah bin Saeed Al-Mubti has called for pushing forward Saudi-Indian economic ties through the establishment of joint banks to finance projects, encourage the exports and grant the sectors of Saudi and Indian businessmen special facilities to be engaged in investment projects. He proposed the establishment of a joint holding company to be based in Delhi with a joint capital for the establishment of joint projects in the industrial cities in the Kingdom. He said in a press statement that talks on economic cooperation will be held between a delegation of Saudi businessmen with their Indian counterparts in the coming days in conjunction with the visit of Crown Prince Salman bin Abdulaziz Al Saud, Deputy Premier and Minister of Defense to India.
