G20 Meet: Saudi crown prince meets Modi in Argentina, plans to ramp up investments
Updated : November 30, 2018 11:16 AM IST
The Saudi prince told Modi he would soon be finalising an initial investment in India's National Investment and Infrastructure Fund, a quasi-sovereign wealth fund, to help accelerate the building of ports, highways and other projects, a top diplomat said.
The meeting with the Saudi crown prince was Modi's first in a set of "bilaterals" on the sidelines of the G20 that will be followed by meetings with US President Donald Trump and Chinese President Xi Jinping.
Modi stressed the importance of stable energy prices and the two leaders discussed ways in which Saudi Arabia, a top crude oil supplier, could help stabilise prices, particularly for India, Gokhale said.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more