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Volume 41 Issue 12
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OAPEC Member Countries
Fourth GCC-India Industrial Forum 2015
Upon a kind invitation by HE Abdul Rahim Hassan Naqi, Secretary General,
Federation of GCC Chambers of Commerce and Industry (FGCC Chambers), HE
Abbas Ali Al Naqi, OAPEC Secretary General took part in the Fourth GCC-India
Industrial Forum in Jeddah, KSA, on 18 and 19 November 2015. Businessmen and
GCC and Indian government officials took part in the event.
KSA’s Minister of Commerce and Industry
HE Tawfiq Al Rabiah opened the forum
with a speech stressing the importance of
cooperation between Saudi Arabia and India.
He also welcomed attracting Indian capitals to
projects under the foreign investment system
in KSA, or through partnerships with Saudi
businessmen in the various economic sectors.
The forum, came under the slogan
(Opportunities and Challenges) aimed at
boosting strategic GCC-Indian economic
relations and presenting policies on
supporting small and medium size businesses
from both sides.
The following were among the issues
discussed at the forum:
• Investment environment in the GCC
and India
• Renewable energies, oil and gas
• The role of sovereign institutions in
project funding
HE Al Naqi chaired a workshop on
“GCC-Indian Collaboration in Oil, Gas,