INTRODUCTION: Saudi Arabia has offered India a credit of 32 million U.S. dollars to help build a hydro-electric project in eastern Bihar.
GV Aircraft arriving
GV Indian Foreign Minister Rao walking across tarmac with officials.
SV Prince Saud Al-Faisal down steps and greeted by Mr. Rao and other officials.
GV Indian Foreign Ministry.
GV Prince Saud entering conference room with Mr. Rao.
GV Conference table with delegates seated.
SCU Prince Saud speaking with aide.
CU Mr. Rao.
GV President's house.
SV Prince Saud and officials, enter room, greeted by President Sanjiva Reddy.
CU President Reddy PAN & PULL BACK GV Prince Saud and Reddy.
GV Foreign Ministry.
GV Foreign Ministers signing agreement. (2 SHOTS)
SV & GV Photographers taking shots of ministers exchanging signed documents. (2 SHOTS)
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Background: INTRODUCTION: Saudi Arabia has offered India a credit of 32 million U.S. dollars to help build a hydro-electric project in eastern Bihar. The offer was made on Tuesday (14 April) by Saudi Foreign Minister Prince Saud Al-Faisal who was on a two-day visit to India. Saudi Arabia already has given loans to India totalling 100 million U.S. dollars for electricity projects.
SYNOPSIS: Prince Saud arrived in New Delhi on Monday (13 April) and was met by India's External Affairs Minister, Mr. Narasimha Rao. The Saudi Foreign Minister flew in from Bangladesh, the first stage of his four-nation Asian tour. After his three day visit there, Prince Saud and Bangladesh Foreign Minister Mohammad Shamshul said they believed the war between Iran and Iraq would soon be over.
During his talks in New Delhi the Saudi Foreign Minister said Saudi Arabia, India, Pakistan and other countries in the region were facing tension everywhere. He added that dangers could be avoided by the close co-operation of these countries and the development of a common outlook. Prince Saud and Mr. Rao agreed that the withdrawal of Soviet troops from Afghanistan would be the most "direct way of solving the Afghan problem".
Prince Saud's visit included talks on the international situation with India's President situation with India's President Sanjiva Reddy. Saudi Arabia broke diplomatic relations with Afghanistan last week because of the Soviet presence in that country. India also wants the Soviet troops to withdraw but has not condemned Moscow's intervention. The Saudi Foreign Minister was asked at a news conference later what he felt about the Soviet presence in the Red Sea. He replied that his country was against a foreign presence anywhere and the presence of a superpower "creates more tension than stability".
Before he left for visits to Nepal and Sri Lanka, Prince Saud signed the agreement which will finance the Koel Karo Hydro-Electric project in Bihar. The project involves the construction of two earth dams across the North Karo River and the South Koel River as well as the installation of two power stations with a generating capacity of 710 megawatts.
The two countries also signed an agreement on economic and technical co-operation. And they issued a joint communique stating that security and stability in the Gulf were the responsibility of the Gulf nations alone without any foreign intervention or interference.