Saudi Crown Prince Congratulates Droupadi Murmu on her appointment as President of India
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Deputy Prime Minister, has written a cable of congratulations to Her Excellency Ms Droupadi Murmu, President of the Republic of India, on her taking the oath of office.
HRH the Crown Prince sent a cable congratulating the President and wishing Her Excellency and the friendly people of the Republic of India continued growth and prosperity.
Saudi Arabia and India have a deep historical relationship, and the two nations cooperate on all political and economic levels, as well as in security and defense.
Diplomatic relations between the two countries began in 1947, following India’s independence, and King Faisal visited India in May 1955 in preparation for the development of relations, which took an upward trend with King Saud’s visit to India in November 1955, followed by Indian Prime Minister Jawahar Nehru’s visit to the Kingdom in 1956, and followed by reciprocal visits from the two countries’ leaders.
The depth of this relationship is reflected in the fact that Saudi Arabia is now India’s fourth trading partner, importing approximately 20% of its oil needs from the Kingdom, while Saudi Arabia has been the eighth largest market for Indian exports in recent years, accounting for 1.86 percent of India’s total exports to the world.
About 3.5 million Indians work in Saudi Arabia, constituting the largest foreign community involved in the local labor market, and it is the most workers remittances to their country. According to official statistics, Indian remittances, according to World Bank statistics, from Saudi Arabia amounted to 10.5 billion dollars in 2015.
Saudi Arabia is one of the destinations preferred by Indians to work for many considerations, including the strength and growth of the Saudi economy, in addition to political stability and the rapid integration of labor into the local market and overcoming obstacles such as language and culture in record time.
Around 3.5 million Indians work in Saudi Arabia, making up the biggest foreign group active in the local labor market, and they send the most money back home.