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Saudi Arabia to Cooperate with India in Combating Terrorism

Prince Salman said Wednesday that there were potential opportunities for investment of $ 100 billion in India.

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Saudi Arabia, Modi, Terrorism
Saudi Arabia's Crown Prince Mohammed bin Salman attends a meeting with Indian Prime Minister Narendra Modi at Hyderabad House in New Delhi, India, Feb. 20, 2019. VOA

Saudi Arabia’s Crown Prince Mohammed bin Salman said in New Delhi that terrorism is a common concern and his country would cooperate with India in combating terrorism and extremism.

On a visit to New Delhi, Prince Salman said Wednesday that there were potential opportunities for investment of $ 100 billion in India.

His trip to New Delhi has coincided with spiraling tensions between India and Pakistan in the wake of a terror attack that killed 40 paramilitaries in Indian Kashmir.

Prince Salman’s meetings with Indian leaders came two days after he went to Pakistan. He did not mention the attack on Indian soldiers, but at a joint press appearance with Indian Prime Minister Narendra Modi he said “we reaffirm to India that we are ready to work in the intelligence sharing and political arenas to coordinate our efforts on terrorism.”

Referring to the recent “barbaric” attack in Kashmir, Modi said that the two countries had agreed that “it is extremely important to increase all possible pressure on countries supporting terrorism in any way.” The Indian leader said that destroying the infrastructure of terrorism, and punishing terrorists and their supporters is necessary.

India, Saudi Arabia, terrorism
The two countries signed five agreements in the areas of investment, tourism, housing and communications. Wikimedia

New Delhi, which accuses Pakistan of giving sanctuary to terror groups that carry out strikes in India, is trying to build diplomatic pressure against Islamabad. It gave Prince Salman a warm welcome with Modi breaking protocol to receive him personally at the airport on Tuesday.

The Saudi Arabian Crown Prince, who also was warmly welcomed in Pakistan, had pledged investment deals worth $ 20 billion during his Islamabad visit.

Modi said that India and Saudi Arabia had agreed to to strengthen cooperation on counter-terrorism, naval and cyber security.

As both leaders hailed deepening ties, they also sounded an optimistic note on building business and trade ties. The Saudi Crown Prince, who came to New Delhi with a large business delegation, said that Riyadh had invested $44 billion in India since 2016. He said that there were opportunities for investment of $ 100 billion in India in areas such as energy, agriculture and technology.

Two-way trade totaled over $ 27 billion last year. Saudi Arabia is a top supplier of oil to India, which is one of the world’s largest oil importers and provides about one fifth of its crude.

India, saudi arabia, terrorism
Saudi Arabia’s Crown Prince Mohammed bin Salman, center left, and Pakistani Prime Minister Imran Khan, center right, witness the signing ceremony of the Memorandum of Understanding (MOU) on Petroleum, in Islamabad, Pakistan, Feb. 17, 2019. VOA

The two countries signed five agreements in the areas of investment, tourism, housing and communications.

Prince Salman said that his visit to India will improve centuries-old ties between the countries, which he said are “in our DNA.” Ties between the two countries have been on an upswing since Modi visited Riyadh in 2016 as part of efforts to strengthen ties with Middle East countries.

ALSO READ: Saudi, India Admit of Putting Pressure on Countries Supporting Terrorism

The Saudi crown prince is on his first major overseas tour since the storm over the murder of journalist Jamal Khashoggi at the Saudi consulate in Istanbul in October. He is expected to visit China after India. (VOA)

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Xiaomi Makes POCO an Independent Brand in India: Report

The company earlier said it believed in maintaining a proper balance for both offline and online

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Xiaomi
Xiaomi said it has also started exporting phones made in India to Bangladesh and Nepal. Wikimedia Commons

Chinese handset maker Xiaomi on Friday announced it was spinning off its aspirational premium sub-brand POCO as a standalone brand, which will now operate independently with its own team and go-to-market strategy in the country.

Started as a sub-brand of Xiaomi in 2018, POCO began operations in the country with a small team and launched its POCO F1 smartphone.

“What started as a sub-brand in POCO has grown into its own identity in a short span of time. POCO F1 is an extremely popular phone across user groups, and remains a top contender in its category even in 2020. We feel the time is right to let POCO operate on its own now. We will spin it off as an independent brand,” Manu Jain, Xiaomi Vice President and Xiaomi India Managing Director, said in a statement.

This comes a day after the smartphone player announced it was going big on its premium “Mi” line up in India this year and the portfolio will see a sustained set of launches through 2020.

Xiaomi, Foldable, Phone
According to the patent, Xiaomi’s foldable phone has an outward-folding screen and depending on how a user holds it, the five cameras can either be rear cameras or front-facing cameras, news portal GizmoChina reported. Wikimedia Commons

“These launches will be across categories which we think will help ‘Mi’ maintain consumer interest in 2020. We also intend to bring the premium smartphones from the Mi line-up, which has recorded a substantial interest since we entered the market,” Raghu Reddy, Head of Categories, Xiaomi India, had told IANS.

Notably, the premium “Mi” and budget “Redmi” are still sub brands of the handset maker in India.

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The company earlier said it believed in maintaining a proper balance for both offline and online.

“Both platforms online and offline are equally important for us and currently our online to offline ratio is 60:40. However, we aim to bring the same to 50:50 very soon in 2020,” Reddy said. (IANS)