Connect with us

Top News

‘Saudi Arabia recognises India’s position on Kashmir, concerns on terror’

Published

on

The joint statement issued during the visit of Saudi Arabia Crown Prince Mohammed bin Salman was a very clear recognition of India’s position on Jammu and Kashmir and shows a great deal of sensitivity to India’s concerns on terrorism, sources said here on Thursday.

They said the two-day visit of the Crown Prince that concluded on Wednesday has given tremendous structure to the strategic partnership, built on the solid foundation of the relationship and considerably broadened the relations.

The visit also saw a strong thrust to the Saudi investment and $100 billion has been earmarked for investment opportunities reflecting a strong confidence in India’s growth story, according to the sources.
Image result for 'Saudi Arabia recognises India's position on Kashmir, concerns on terror'
On the joint statement issued late Wednesday referring to the need for creating necessary conditions for resumption of dialogue between India and Pakistan, they said Saudi Arabia acknowledged that conditions have to be created for resumption of dialogue with Pakistan and displayed understanding of India’s stand that terror and talks cannot go together.

They said there was recognition that Kashmir is a bilateral issue between India and Pakistan. There was also an acknowledgement of threats India is facing in terms of terror.

The joint statement issued also said that the Crown Prince appreciated consistent efforts made by Prime Minister Narendra Modi since May 2014, including his personal initiatives, to have friendly relations with Pakistan.

There was recognition that the Prime Minister had reached out to the western neighbour but acts of friendship were thwarted by acts of terror.

Image result for 'Saudi Arabia recognises India's position on Kashmir, concerns on terror'

The sources said that Strategic Partnership Council, to be chaired by Prime Minister and the Crown Prince, would have two to three ministerial groups looking at specific areas such as defence and security, and economy, trade and investment.

The proposed joint naval exercise could take place in 2019 and could be later extended to Army and Air Force.

On Saudi investments in India, they said it would cover a wide area including infrastructure, refining, petrochemicals, engineering, minerals, tourism and manufacturing.

In all, 11 MoUs were signed in the meeting of business council which was attended by nearly 50 Saudi entities.

Image result for 'Saudi Arabia recognises India's position on Kashmir, concerns on terror'

They said that security was identified as a major area of cooperation keeping in mind common threats faced by the two countries.

The statement said that the two sides agreed to constitute a “Comprehensive Security Dialogue” at the level of National Security Advisors and set up a Joint Working Group on Counter-Terrorism to enhance further cooperation in the counter-terrorism efforts and benefit mutually from real-time intelligence sharing.

It said that the two sides agreed to work together with other Indian Ocean Rim countries for enhancing maritime security.

The sources said that Saudi Arabia has also been sensitive to India’s request on prices of crude and has also agreed to requests for release of prisoners and increasing the quota of Haj pilgrims.

It has been sensitive to the predicament of Indians stranded due to closure of a foreign company, they added.

Business

For Operation Of Passenger Train Services,Ministry of Railway Invites Private Participation.

Published

on

The Ministry of Railways has issued a notification inviting Request for Qualifications (RFQ) for private participation for operation of passenger train services over 109 Origin Destination(OD) pairs of routes through introduction of 151 modern Trains (Rakes).

It has been stated by the Ministry that the 109 OD Pairs have been formed into 12 Clusters across the Indian Railway network. Each Train shall have a minimum of 16 coaches.

Majority of the trains will be manufactured in India while the project would entail private sector investment of about Rs 30,000 crore and the private entity will be responsible for financing, procuring, operation and maintenance of the trains.

Trains shall be designed for a maximum speed of 160 kmph which will make it faster than the fastest train of Indian Railways operating in the respective route.

Being the first initiative of private investment for running Passenger Trains over Indian Railways network, the objective of this initiative is to introduce modern technology rolling stock with reduced maintenance, reduced transit time, boost job creation, provide enhanced safety, provide world class travel experience to passengers, and also reduce demand supply deficit in the passenger transportation sector.

The Concession Period for the project shall be 35 years.

These trains shall be operated by the Driver and Guard of Indian Railways. Further Operation and maintenance of the passenger trains would be governed by standards and specifications and requirements specified by Indian Railways.

Continue Reading

Trending