For India, the growing trade deal between Saudi Arabia and China may see a sourness in the trade relations between the two countries as Crown Prince Mohammed bin Salman of Saudi Arabia recently hosted the 10th Arab-China Business Conference.
And in this trade conference, many agreements have been seen to be made between both the countries and this thing is not at all right for India because China has always been India’s rival and in such a situation India should be careful with China. There is also a need to stay and at the same time India also needs to keep an eye on its relations with Saudi Arabia.
Because on the very first day of the 10th Arab-China Business Summit, 30 investment agreements were signed between the two countries. Under this, a deal of about 10 billion dollars was done. The areas which were given priority in this agreement included technology, natural energy sources, agriculture, real estate, mining, tourism and health sector.
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