India, S Arabia to issue multiple-entry visa to businessmen

VISA-S ARABIA

Riyadh, Nov 2 (PTI) India and Saudi Arabia would now
issue multiple-entry visas to businessmen in an effort to
overcome regulatory hurdles blocking the growth of two-way
trade.

A decision to this effect was taken at the Indo-Saudi
Joint Commission meeting attended by Indian Finance Minister
Pranab Mukherjee and the Saudi minister of Commerce and
Industry, Abdullah Zainal Alireza, here at the weekend.
"This was a major impediment. Every time we wanted to come
to Saudi Arabia to do business our people had visa issues;
likewise, Saudi businessmen had similar complaints. Now that
has been resolved," Sharad Nandurdikar of the Confederation of
Indian Industry (CII) said.
Adnan A Al-Nueim, secretary-general of the Asharqia
Chamber, said Saudi Arabia’s trade ties with India are set to
grow further with the reciprocal visits. He said Saudi-Indian
ties advanced after the 2006 visit of King Abdullah to India.
A 10-member delegation of Indian businessmen, which
accompanied Mukherjee, also met key Saudi executives of the
Eastern Province Chamber of Commerce and discussed taking the
Indo-Saudi trade to the next level.
Nandurdikar said an important meeting is slated in Delhi
early next year to address specific issues regarding processes
and procedures affecting two-way trade. PTI CORR
ANU



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