Naimi said. "Naturally, our Silk-Road metaphor would not be complete without discussing India's trading partners. Here, I would like to focus on the relationship between India and Saudi Arabia", Al-Naimi added. "When we met at Petrotech 2007, I stated that the Kingdom is especially committed to the needs of the growing Asian market. I spoke of Saudi Arabia's commitment to the availability of energy to global markets, and especially for developing countries, backed by concrete plans and actions, and by the commitment of more than $80 billion for capital projects aimed at increasing energy supplies to world markets and alleviating infrastructure bottlenecks. Not coincidentally, much of the equipment, construction material and labor for these unprecedented expansion programs are imported from Asia", Al-Naimi said. "Today I reiterate that commitment to Asian markets as part of the global cooperative effort toward energy security. This cooperative spirit is well represented by the relationship between Saudi Arabia and India, to continue our example of these two nations as a collaborative model", Al-Naimi stated. "India and the Kingdom share geographic proximity and ties rooted centuries-deep in trade, as well as in rich historical and cultural commonalities. These ties have been substantially enhanced by a strategic partnership nurtured since the visit of King Abdullah to India in 2006", Al-Naimi added. --More
