“India-Saudi Arabia agreed to expedite GCC FTA negotiations…” says MEA Secretary

Sep 11, 2023

New Delhi, September 11 (ANI): Indian diplomat and Secretary (CPV and OIA) Ausaf Sayeed briefs the media on the State visit of the Crown Prince and PM of Saudi Arabia Prince Mohammed bin Salman bin Abdulaziz Al Saud. He informed that the two sides also agreed to expedite the India-GCC FTA negotiation. Furthermore, he added that both sides agreed to strengthen cooperation in the FinTech field and explore trading in the local currencies, as many as eight agreements have been signed. He said, “The two sides also agreed to expedite the India-GCC FTA negotiations which they felt would act as a catalyst for further strengthening our economic cooperation between the two sides. They also agreed to strengthen cooperation in the FinTech field and explore trading in the local currencies.”