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IDB Plans to Boost Cooperation with India
Published in Saudi Press Agency on 05 - 05 - 2010

The Islamic Development Bank (IDB) has announced plans to expand cooperation with India and take the bilateral relationship forward in the fields of education, training and coaching.
The plans, under which several new projects in India have been named and approved by the IDB to be recipients of the bank's financial grants, come within the framework of the IDB's special assistance program in which Indian Muslim institutions have been major beneficiaries.
"The IDB has pledged to support the educational projects within the framework of the regulatory provisions of the Indian government," said Kamal Faruqui, an IDB representative in India, who made a presentation here on Sunday.
Faruqui, who is also the chairman of the Delhi Minorities Commission and the director of the Central Bank of India, is currently visiting the Kingdom at the invitation of the IDB, according to a report published today by the Jeddah-based Arab News.


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