Prime Minister Narendra Modi will embark on a two-day visit to Saudi Arabia on Monday, 28 October with an aim to boost bilateral ties between the two countries in key sectors including energy and finance.
This comes after Saudi King Salman Bin Abdulaziz Al Saud invited PM Modi to visit the Kingdom.
PM Modi will hold talks with Saudi Crown Prince Mohammed Bin Salman and launch the RuPay card in the country during the two-day visit.
He will also deliver the keynote address at the third session of the Future Investment Initiative (FII) Forum in Riyadh.
On Tuesday, he is scheduled to address the FII plenary session, following which he will leave for Delhi on the same night.
"There will also be a bilateral segment to his visit where Prime Minister Modi will meet Mohammed Bin Salman Al Saud, Crown Prince of Saudi Arabia, and hold bilateral talks with him," TS Tirumurti (Economic Affairs), Ministry of External Affairs, had told reporters on Thursday, reported ANI.
The FII, also known as the 'Davos in the Desert', has been hosted by Riyadh since 2017 to project the Kingdom as a potential investment hub in the region.
Titumurti had added that an agreement on the Strategic Partnership Council will also be signed, following which there will be separate delegation-level talks with Saudi Arabia’s Crown Prince.
The two countries are also expected to hold joint naval exercise in December this year.
Meanwhile, Pakistan on Sunday declined request from India for the use of its airspace for PM Modi's visit to Saudi Arabia. According to media reports, India had sought Pakistan's permission to use the country's airspace on 28 October.
(With inputs from ANI)