{"id":144259,"date":"2023-10-23T15:41:53","date_gmt":"2023-10-23T10:11:53","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=144259"},"modified":"2023-10-23T15:41:53","modified_gmt":"2023-10-23T10:11:53","slug":"piyush-goyal-at-saudi-arabias-2023-investment-summit","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/piyush-goyal-at-saudi-arabias-2023-investment-summit\/","title":{"rendered":"Piyush Goyal at Saudi Arabia&#8217;s 2023 Investment Summit"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/piyush-goyal-at-saudi-arabias-2023-investment-summit\/#2023_Investment_Summit\" >2023 Investment Summit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/piyush-goyal-at-saudi-arabias-2023-investment-summit\/#Meetings_with_Saudi_Arabian_Leaders\" >Meetings with Saudi Arabian Leaders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/piyush-goyal-at-saudi-arabias-2023-investment-summit\/#Joint_Leadership_of_a_Conclave_Session\" >Joint Leadership of a Conclave Session<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/piyush-goyal-at-saudi-arabias-2023-investment-summit\/#Engagement_with_Indian_Community_and_Business_Leaders\" >Engagement with Indian Community and Business Leaders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/piyush-goyal-at-saudi-arabias-2023-investment-summit\/#About_the_Future_Investment_Initiative_Institute\" >About the Future Investment Initiative Institute<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/piyush-goyal-at-saudi-arabias-2023-investment-summit\/#7th_Edition_of_FII_Theme_2023_Investment_Summit\" >7th Edition of FII Theme: 2023 Investment Summit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/piyush-goyal-at-saudi-arabias-2023-investment-summit\/#Strategic_Partnership_between_India_and_Saudi_Arabia\" >Strategic Partnership between India and Saudi Arabia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/piyush-goyal-at-saudi-arabias-2023-investment-summit\/#Recent_SPC_Summit_2023_Investment_Summit\" >Recent SPC Summit: 2023 Investment Summit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/piyush-goyal-at-saudi-arabias-2023-investment-summit\/#Advancing_India-Saudi_Arabia_Collaboration\" >Advancing India-Saudi Arabia Collaboration<\/a><\/li><\/ul><\/nav><\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2023_Investment_Summit\"><\/span>2023 Investment Summit<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>2023 Investment Summit:<\/strong> Indian Union Minister of Commerce and Industry, Sh. Piyush Goyal, is gearing up to participate in the 7th Edition of the Future Investment Initiative (FII) in Riyadh, Saudi Arabia. This event holds great importance for nurturing the alliance between India and Saudi Arabia and exploring fresh avenues for growth. In this article, we&#8217;ll break down the essential details of his visit in simpler terms.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Meetings_with_Saudi_Arabian_Leaders\"><\/span>Meetings with Saudi Arabian Leaders<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Throughout his attendance at the FII, Minister Goyal will have the chance to engage with significant figures from Saudi Arabia, including:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Energy Minister &#8211; HRH Prince Abdul Aziz Bin Salman Al-Saud<\/strong><\/li><li><strong>Commerce Minister &#8211; H.E. Majid bin Abdullah AlKassabi<\/strong><\/li><li><strong>Investment Minister &#8211; H.E. Khalid A. Al Falih<\/strong><\/li><li><strong>Industry and Mineral Resources Minister &#8211; H.E. Bandar bin Ibrahim AlKhorayef<\/strong><\/li><li><strong>Governor of Public Investment Fund &#8211; H.E. Yassir Rummayyan<\/strong><\/li><\/ol>\n\n\n\n<p>These interactions aim to reinforce the economic and diplomatic connections between India and Saudi Arabia.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Joint_Leadership_of_a_Conclave_Session\"><\/span>Joint Leadership of a Conclave Session<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Minister Goyal will join the Saudi Arabian Investment Minister in co-chairing a conclave session. The session&#8217;s topic is &#8220;From Risk to Opportunity: Strategies for Emerging Economies in the New Industrial Policy Era.&#8221; In this session, they will discuss strategies to transform challenges into opportunities for emerging economies like India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Engagement_with_Indian_Community_and_Business_Leaders\"><\/span>Engagement with Indian Community and Business Leaders<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India has a significant presence in the Saudi Arabian economy, and Minister Goyal intends to engage with the Indian community residing in Saudi Arabia. Additionally, he is anticipated to have meetings with business leaders and CEOs from various parts of the world, which could unlock fresh business prospects.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_the_Future_Investment_Initiative_Institute\"><\/span>About the Future Investment Initiative Institute<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The FII Institute, a non-profit foundation established by Saudi Arabia, aims to unite global government and business leaders for discussions on how to make a positive impact on humanity. Their primary areas of focus are Artificial Intelligence (AI) &amp; Robotics, Education, Healthcare, and Sustainability, underscoring their dedication to addressing significant global challenges.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7th_Edition_of_FII_Theme_2023_Investment_Summit\"><\/span>7th Edition of FII Theme: 2023 Investment Summit<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This year&#8217;s theme for the FII is &#8220;The New Compass,&#8221; concentrating on the evolving global landscape. The event is projected to host prominent investors, business leaders, policymakers, inventors, and explorers. They will deliberate and explore emerging economic markets and avenues for growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Strategic_Partnership_between_India_and_Saudi_Arabia\"><\/span>Strategic Partnership between India and Saudi Arabia<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India and Saudi Arabia possess a robust strategic partnership, with record-breaking trade amounting to USD 52.75 billion in FY 2022-23. The India-Saudi Arabia Strategic Partnership Council (SPC), founded in 2019, aims to bolster the relationship between the two countries. It comprises two principal segments: one centered on political, security, social, and cultural cooperation, and the other on economic and investment aspects.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_SPC_Summit_2023_Investment_Summit\"><\/span>Recent SPC Summit: 2023 Investment Summit<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In September 2023, the Prime Minister of India, Shri Narendra Modi, and the Saudi Crown Prince, HRH Mohammed Bin Salman Al Saud, co-hosted the first summit-level meeting of the SPC. The meeting emphasized critical areas such as energy security, trade and investment, defense and security, healthcare, and food security. This partnership between the rapidly growing economies is vital for regional peace and stability.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Advancing_India-Saudi_Arabia_Collaboration\"><\/span>Advancing India-Saudi Arabia Collaboration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Minister Piyush Goyal&#8217;s presence at the 7th FII is predicted to further enhance the strategic partnership and cooperation between India and Saudi Arabia across various sectors. This collaboration aims to create new opportunities and strengthen the bonds between these two nations for a prosperous future.<\/p>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/caiib-bfm-exam-analysis\/\">CAIIB BFM Exam Analysis 2026, 7th June Difficulty Level<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/caiib-abm-exam-analysis\/\">CAIIB ABM Exam Analysis 2026, 31st May All Shifts Analysis<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-pyps\/\">JAIIB 2026 Previous Year Papers, Download Free PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/ssc-cgl-shift-timing\/\">SSC CGL Tier 1 Shift Timings 2026, Check Reporting Time<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/ssc-cgl-shift-analysis\/\">SSC CGL 2025 Tier 1 Detailed Shift Analysis Report<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>2023 Investment Summit 2023 Investment Summit: Indian Union Minister of Commerce and Industry, Sh. Piyush Goyal, is gearing up to<\/p>\n","protected":false},"author":52,"featured_media":144261,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10386,12676],"tags":[77],"class_list":["post-144259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","category-october","tag-current-affairs","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Piyush Goyal at Saudi Arabia&#039;s 2023 Investment Summit<\/title>\n<meta name=\"description\" content=\"Minister Goyal strengthens ties and explores growth avenues at the Saudi Arabia&#039;s 2023 Investment Summit. 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