Ahsa, Jan 29, 2020, SPA -- Indian Ambassador to the Kingdom of Saudi Arabia Dr. Ausaf Sayeed stressed the importance of increasing the volume of trade exchange between the Kingdom of Saudi Arabia and India in addition to enhancing bilateral relations. This came during a business meeting hosted today by Al-Ahsa Chamber on the sidelines of the Indian Catalogue Exhibition, which is organized by the Chamber in cooperation with the Embassy of the Republic of India in the Kingdom of Saudi Arabia. The Ambassador said that data and figures show that the Kingdom of Saudi Arabia is the 4th largest trading partner of India and a major source of energy for India. The Ambassador also said that India imports 18% of its needs of crude oil from the Kingdom, pointing out that the volume of trade exchange between the two countries during 2018-2019 amounted to SR130 billion. --SPA 17:55 LOCAL TIME 14:55 GMT 0014 www.spa.gov.sa/w1256076
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