💨 Abstract

India and Saudi Arabia are advancing negotiations on a Bilateral Investment Treaty, with a focus on promoting investment in areas such as energy, technology, and startups. Both nations welcomed the growth in their economic relationship and trade ties, and agreed to strengthen their direct and indirect investment partnership. The leaders noted the progress made by the High-Level Task Force in taxation and energy cooperation, and agreed to collaborate on establishing two refineries.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖