Union Minister of Commerce and Industry, Piyush Goyal will attend the 7th Edition of Future Investment Initiative (FII) in Riyadh, Saudi Arabia from 24th to 25th October 2023.
FII Institute is a global nonprofit foundation, launched by KSA. It aims to gather Government and business leaders from around the world to discuss new pathways for investment with the goal to create a global “Impact On Humanity”. Its four areas of focus are Artificial Intelligence (AI) & Robotics, Education, Healthcare, and Sustainability.
Theme for the 7th Edition of FII is “The New Compass” that focuses on the New Global Order. The event is expected to witness participation from world’s leading investors, business leaders, policymakers, inventors, and explorers. In subsequent meetings, the attendees will come together to deliberate and discover the new markets.
Minister would meet Kingdom of Saudi Arabia (KSA) dignitaries including the Energy Minister of KSA, Prince Abdul Aziz Bin Salman Al-Saud; Commerce Minister, Majid bin Abdullah AlKassabi etc to discuss economic aspects.
KSA is one of India’s most important strategic partners. The trade between both countries reached an all-time high of USD 52.75 billion in FY 2022-23.