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India, Saudi Arabia sign four accords

January 25, 2006 15:22 IST

India and Saudi Arabia on Wednesday signed four accords, including one on combating terrorism, after talks between Prime Minister Manmohan Singh and Saudi King Abdullah bin Abdul Aziz in New Delhi.

The two sides also signed an agreement on avoidance of double taxation, investment promotion and protection agreement and cooperation agreement in the field of youth and sports in the presence of the two leaders.

The MoU on combating crime covering terrorism was signed by Home Minister Shivraj Patil and Saudi Foreign Minister Prince Saud al-Faizal bin Abdul Aziz al Saud.

Agreements on avoidance of double taxation and investment promotion were both signed by Defence Minister Pranab Mukherjee and Saudi Finance Minister Ibraheem Bin Abdul Aziz al Assaf.

The cooperation agreement in the field of youth and sports was inked by Minister of State for Youth Affairs and Sports Oscar Fernandes and Saudi Culture and Information Minister Iyad bin Ameen Madani.

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