New Delhi, April 23 -- India and Saudi Arabia affirmed their desire to complete negotiations on the Bilateral Investment Treaty at the earliest, the joint statement at the conclusion of the State Visit of Prime Minister Narendra Modi to the Middle East nation asserted.

India and Saudi Arabia are working on a Bilateral Investment Treaty.

Both leaders - PM Modi and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia -- noted with satisfaction the progress made in the discussions under the High-Level Task Force (HLTF), constituted in 2024 for promoting investment flows between the two countries.

Building on the endeavor of Saudi Arabia to invest in India in multiple areas includ...