Agency in Riyadh. S Jaishankar, the minister of external affairs for India, and Dr. Nayef Falah Mubarak Al-Hajraf, the secretary general of the Gulf Cooperation Council, have signed a Memorandum of Understanding (MoU) on the Mechanism of Consultation (GCC). Jaishankar reportedly stated that his discussion with the GCC, a grouping of six countries, was significant and productive. On Saturday, Saudi Arabia welcomed External Affairs Minister Jaishankar on a three-day visit. As foreign minister, Jaishankar is making his first trip to Saudi Arabia.
He had a number of discussions with Dr. Nayef Falah Mubarak Al-Hajraf, the GCC Secretary General, on the first day of his visit. Jaishankar tweeted after the meeting that the conversations with the GCC Secretary General on current local and international challenges in the context of reciprocal collaboration between India and the GCC were extremely constructive.
GCC is a group of six Gulf nations.
The GCC is a group of countries that includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. It is an intergovernmental, regional association. With the GCC, India has friendly trade and collaborative relations.
India and the GCC have burgeoning relations.
With GCC nations importing more oil and gas, trade and investment have grown. There are about 65 lakh Indian employees in these nations. Indian trade with the GCC has expanded quickly, particularly in the area of oil imports. In 2020–21, India exported USD 28.06 billion to the GCC, with USD 87.36 billion in bilateral trade. However, because of divisive comments made by BJP officials, relations with several Muslim-majority nations, such as the Gulf states, remained difficult this year.
India and the Gulf Cooperation Council have signed a memorandum of understanding, according to the minister of external affairs.
India and the Gulf Cooperation Council (GCC) came to an agreement on the consultation process on Saturday. This Memorandum of Understanding (MoU) was signed by the Secretary General of the Gulf Cooperation Council (GCC), Nayef Falah Mubarak Al-Hajraf, and the Minister of External Affairs, S. Jaishankar. In a tweet, External Affairs Minister Jaishankar stated that his discussions with (GCC) Secretary General Nayef Falah Mubarak Al-Hajraf were extremely productive.
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The discussion with GCC Secretary General Dr. Nayef Falah Mubarak Al-Hajraf, according to Jaishankar, was productive. India and the GCC have signed a Memorandum of Understanding about the Mechanism of Consultation. The relevance of collaboration between India and the GCC in the context of the current regional and global scenario was discussed. From September 10–12, 2022, the External Affairs Minister will be in Saudi Arabia for two days. This will be Jaishankar’s first trip to Saudi Arabia in his capacity as External Affairs Minister.
Jaishankar further stated in the tweet that he had discussions with members of his community in India before setting out for Saudi Arabia. He recognised the value of the diaspora in helping our country overcome its problems. They all specifically discussed Covid 19 in India and how the nation was adjusting to the periods of widespread national transformation.
This year, India will expand by 7%, predicts Jaishankar
Earlier on Saturday, while on a two-day trip to Saudi Arabia, External Affairs Minister S. Jaishankar expressed optimism about India’s 7% growth. Speaking to the Indian diaspora in Riyadh, Jaishankar claimed that the Ukraine situation was having negative effects on the world, such as rising oil prices. Despite these obstacles, India is certain that this year it would have the world’s fastest expanding major economy.
Jaishankar is travelling to Saudi Arabia for the first time as foreign minister. According to Jaishankar, India has worked hard to grow its economy and achieve high income status. He claimed that these rules were implemented as a result of the visionary management, which made it simpler for the banks to extend credit. agency
Total exports for the nation exceeded $670 billion.
We exported the most ever during the year ending March 31, 2021, according to the minister of external affairs. Over $670 billion in exports were made by us. India traded goods totaling $400 billion at the same time. Jaishankar emphasised that the notion of India as a trade power has gained credibility in the modern era. The fifth-largest economy, which has successfully responded to the COVID problem and emerged from it, will be met by the Saudi minister when he talks with us.
Many nations’ citizens did not receive vaccinations
The External Affairs Minister stated on vaccinations, “Everywhere I go on tour, I encounter people from numerous countries who have not yet been vaccinated, since they did not receive the vaccine.” a place where everything was at hand. Still, none of the locals received vaccinations. The chasm we bridged was that one. We created our own vaccinations and encouraged others to get immunised.