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Al-Falih Signs MoUs on Saudi Arabia's Joining of International Solar Alliance, Joint Projects in Fertilizers, Pharmaceuticals and Medical Supplies with Indian Side
Saudi Press Agency Published in Saudi Press Agency on 21 - 02 - 2019

Minister of Energy, Industry and Mineral Resources Eng. Khalid bin Abdulaziz Al-Falih has signed memoranda of understanding (MoUs) on the Kingdom of Saudi Arabia's joining the International Solar Alliance (ISA), industrial and commercial projects in fertilizers, pharmaceuticals and medical supplies with the Indian Side as part of the state visit of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, to India.
The Ministry of Energy, Industry and Mineral Resources signed a memorandum of understanding with the Indian Ministry of Finance on Saudi Arabia's investment in the National Investment and Infrastructure Fund Limited (NIIFL) of India. The Ministry of Energy also signed an agreement on Saudi Arabia's joining of International Solar Alliance (ISA). It also signed a non-binding memorandum of understanding between the Industrial groupings and Glenmark company on pharmaceutical industry. It also signed a memorandum of understanding among the Industrial groupings, Middle East Healthcare Company and Indian Trifatron Company to localize the medical supplies industry.
Saudi Arabian Mining Company (Maaden) signed two memoranda of understanding to supply five million tons of phosphate fertilizers to the Indian market with IPL Company and KRIBHCO company worth $2 billion for five years.

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