To facilitate frequent visits of businesspersons, India and Saudi Arabia will issue multiple entry visas to this category of persons, and cooperate in customs, science and technology, as also oil, gas and minerals, report the media.
The Indo-Saudi Joint Commission, during its eighth session held at Riyadh Conference Palace on October 31 (Saturday), took the decision after extensive discussions. Finance Minister Pranab Mukherjee led the Indian delegation, while the Commerce and Industry Minister Abdullah Zainal Alireza headed the Saudi Arabian delegation. Officials said the granting of multiple entry visas to entrepreneurs would facilitate frequent business visits from both sides and lead to increased bilateral and commercial exchanges on a long-term. Both sides held talks on various issues, including economic and commercial exchanges, investment, security to labour, visas and community welfare. New areas like engineering, agriculture and higher education were also discussed. Mukherjee said later that the meting was fruitful, and expressed optimism in deepening of economic and commercial relations between the two countries.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.