Business

landmark Initiative : Saudi Arabia To Open Investment Facilitation Centre In India

Picture : Twitter/ ANI

Piyush Goyal, the Union Minister for Commerce has announced that officials from Gujarat International Finance Tec (GIFT) City will be sent to Saudi Arabia to facilitate the establishment of an Investment and Trade Promotion Office in Riyadh.

As per ANI report, Piyush Goyal said, “Gujarat International Finance Tec (GIFT) City official will be sent to Saudi Arabia. Officials from FICCI, Invest India and Commerce Ministry will open an Investment and trade promotion office situated in Riyadh.”

This landmark initiative involves collaboration among key organizations, including the Federation of Indian Chambers of Commerce and Industry (FICCI), Invest India, and the Ministry of Commerce and Industry.

Together, they will work to set up this office, which is poised to play a pivotal role in fostering investment and trade relations between the two nations.

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