Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Piyush Goyal attended the 7th Edition of Future Investment Initiative (FII) in Riyadh from 24th to 25th October 2023.

Under the theme of, “A New Compass,” this prestigious conference united global innovators, leaders, and investors from the finance and investment sectors to navigate the worldwide socioeconomic and geopolitical transformation, seeking a new direction to inspire future investment and innovation.

He met several dignitaries from the host country of Kingdom of Saudi Arabia (KSA).

KSA is one of India’s most important strategic partners. 

Cooperation between the two countries can also be witnessed with the establishment of India-Saudi Arabia Strategic Partnership Council (SPC). 

Established in 2019, India-Saudi Arabia Strategic Partnership Council aims to enhance the relationship between the two countries and has two main pillars: the ‘Committee on Political, Security, Social, and Cultural Cooperation’ and the ‘Committee on Economy and Investments’. 

India is the fourth country with which Riyadh has formed such a partnership, after the UK, France, and China.
   
The 7th Edition of Future Investment Initiative (FII) is running in Riyadh from 24th to 26th October 2023.