Indian PM and Afghan President Hold Talks On Bilateral Ties and Regional Security

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NEW DELHI, Dhu-AlHijjah 27, 1433, Nov 12, 2012, SPA - Visiting President Hamid Karzai on Monday urged Indian companies to invest in Afghanistan, with India's leader saying economic development in Afghanistan would contribute to stability in the region. "Investment opportunities are better today in Afghanistan, a country that is more confident of its future," Karzai said at a news conference with India's Prime Minister Manmohan Singh. Karzai is on a five-day official visit to India. Singh said his talks with Karzai had covered bilateral relations and regional security. "I reiterated to President Karzai our belief that Afghanistan's regional economic integration will contribute to the overall prosperity and stability in the region," Singh told reporters after the talks. Karzai, who arrived in India over the weekend, said one of his priorities during the visit was to urge Indian companies to invest in his country, according to a report of the Associated Press. "Indian businessmen need not shy away. The Chinese came five to six years before you and they have already got two or three major contracts," Karzai told Indian business leaders in Mumbai on Sunday. "You should come in large numbers," he said. The two leaders also reviewed the strategic partnership agreement that the two countries signed last year, Indian officials said. --SPA 13:44 LOCAL TIME 10:44 GMT www.spa.gov.sa/1047882

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