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India, Saudi Arabia likely to sign energy cooperation pact on Monday

Published Updated
Photo: REUTERS
Photo: REUTERS
By

NEW DELHI: India and Saudi Arabia are likely to sign an energy cooperation memorandum of understanding after a luncheon meeting of Indian Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman on Monday, a source familiar with the matter said.

Biden considers meeting Saudi Arabia’s Mohammed bin Salman at G20

The pact will focus on cooperation in energy efficiency, renewable energy, hydrogen and grid interconnection between the countries, the source said.

Comments

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XYZ Sep 10, 2023 01:58pm
Sorry to see MBS embarassing butcher of Gujrat...
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TidBit Sep 10, 2023 04:53pm
@XYZ, I understand how it burns with jealousy. He was supposed to come to Pakistan but skipped to meet Modi instead.
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KhanRA Sep 10, 2023 04:55pm
Our closest allies are embracing, India. How much longer can we maintain our delusions of self grandeur? As we have snubbed investment in science and infrastructure, we have chosen the inevitable path into religious extremism that every illiterate society goes down. We cannot compete.
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TidBit Sep 10, 2023 08:18pm
@KhanRA, "Our closest allies are embracing, India" That KSA was your closest ally was a song played by the govt. They never were your allies. It was just hyped up. KSA paid $1B to get a 1% stake in Reliance, while they loaned Pakistan $1B at high interest rate. The same goes with China all drumbeat. China has not restructured any of your loans in spite of all the suffering the country is going through. They have just become your loan shark, but no one would admit it. If anyone brings it up, then Pakistan says they are here to sabotage friendship.
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Uno Sep 11, 2023 02:52am
@Az_Iz, Chinese investments are commercial loans at highest interest.It is not aid nor investment nor charity.They used their men ,material and machinery and built projects that are assured of guaranteed returns with sovereign guarantees.None of the $$ of China has ever given to Pak or gone into SBP reserves..instead the Chinese companies built the projects and sent inflated invoices which are treated as loans ..They made money on projects,interest on loans and returns on power plants at 21 percent per Ann in USD
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TidBit Sep 11, 2023 05:00pm
@Uno, You cannot say these truths. You are here to sabotage the China Pakistan friendship.
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Saleem Munshi Sep 11, 2023 05:53pm
Modi is the epitome of communal hate but he localized it on the path to a Hindu only India. He uses it to his political advantage. As far as Saudis go their their interest is only a return on their bucks. Who the Saudis are killing in Yemen off course Muslims who else.!
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