India and Saudi Arabia to enhance bilateral trade, multiple agreements signed

India and Saudi Arabia on Sept 11 praised the bilateral burgeoning trade ties and noted that it has increased to more than $52 billion in 2022-23, marking a growth of more than 23%. Both sides also noted that India is the second largest trade partner of Saudi Arabia, while Saudi Arabia is the fourth largest trade partner of India and thus agreed to enhance bilateral cooperation in the area of trade remedies.

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