India and Saudi Arabia today kick-started their stalled $50 billion refinery project and separately announced two joint working groups to channel Saudi investment into energy, railways, freight corridor, highways, gas grid, optical fibre and information technology.
This came as Prime Minister Narendra Modi and Saudi Crown Prince and Prime Minister Mohammed bin Salman held the first Leaders’ Meeting of the Strategic Partnership Council. The Crown Prince is on a state visit here. The strategic partnership council has two verticals — foreign affairs and commerce.
