Indian Finance Minister P. Chidambaram will visit Saudi Arabia from January 27-28 to co-chair the 10th Joint Commission Meeting along with the Saudi Minister of Commerce and Industry Tawfiq Al Rabiah.
The two sides are expected to discuss various issues of economic and commercial interest including increase in exchange of business delegations, trade facilitation, co-operation between educational institutes, sharing expertise in Science and Technology, among others.
India and Saudi Arabia share close bilateral and trade ties. Saudi Arabia is India’s 4th largest trading partner. Bilateral trade reached $32.7 billion during April-November 2013 – an increase of 14% over the corresponding period in the previous year.