Mubti expressed in his speech the hope for increasing economic and trade cooperation between the two countries as the economies of the two friendly countries possess real potentials that contribute to increasing the volume of cooperation and to enter into partnerships useful for the business sectors in both countries and contribute to the establishment of joint ventures in new areas needed by the markets the two countries. In an address on the occasion, the President of the Confederation of Indian Industry K.K. Kutty pointed out that the presence of a large delegation of Saudi businessmen emphasizes the importance of joint works for the development of trade and economic cooperation between the two countries. He reviewed the major industrial areas to which the Indian side can contribute and the two sides can cooperate in the coming period, including car and advanced engineering industries. The meeting was attended by Saudi Ambassador to India Dr. Saud bin Mohammed Al-Sati, Undersecretary of Ministry of Commerce and Industry for Foreign Trade Abdullah Al-Hamoudi; President of the Saudi side at Joint Business Council Dr. Abdulrahman Al-Rabiah; and a number of businessmen in the two countries.
