India and Saudi Arabia sign 5 agreements

Q.  India and Saudi Arabia signed how many agreements on the second and final day of Modi’s bilateral visit to the Gulf Kingdom?
- Published on 04 Apr 16

a. 3
b. 4
c. 5
d. 6

ANSWER: 5
 
This includes one on terror financing and another on promoting trade between two countries on the second and final day of the Indian PM’s bilateral visit to Saudi Arabia. A total of 5 agreements were this signed including the following:
  • An MoU was signed between the financial intelligence units on cooperation in the exchange of intelligence related to money laundering, terrorism financing and related crimes
  • Invest India and Saudi Arabian General Investment Authority (SABIA) signed a framework agreement on investment promotion cooperation.
  • The external affairs ministry and the Saudi labour ministry signed an agreement on labour cooperation for recruitment of general category workers.
  • A fourth agreement was signed between Export Promotion Council for Handicraft (EPCH) and the Saudi Commission for Tourism and National Heritage for cooperation in the field of handicrafts.
  • Another agreement for technical cooperation was signed between the Bureau of Indian Standards (BIS) and Saudi Standards, Metrology and Quality Organisation (SASO).

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