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PM Modi meets global leaders at G20; discusses gulf crisis, oil prices with Saudi Crown Prince

With the Saudi Crown prince, PM Modi discussed the current gulf situation and its effect on oil prices.

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PM Modi met with Crown Prince of Saudi Arabia Mohammed bin Salman on the margins of the G20 in Osaka (Photo: Twitter/MEAIndia)
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The first day of G20 Summit in Japan was not only hectic but showed how India was a sought after country in Osaka. While the two trilateral meetings - RIC (Russia, India and China) and JAI (Japan ,America and India) - along with informal BRICS meet dominated the day, key bilaterals with countries such as Saudi Arabia were an important element of the day.

Other than the much-touted Bilateral with US President Donald Trump, PM Modi met Saudi Crown Prince Mohammed bin Salman, South Korean President Moon Jae In, German Chancellor Angela Merkel and French president Emmanuel Macron.

With the Saudi Crown prince, PM discussed the current gulf situation and its effect on oil prices.

Speaking to reporters after the meeting, Foreign Secretary Vijay Gokhale said, "They discussed the situation in the gulf and the prime minister said that this could impact oil prices which is important for India. PM appreciated the efforts by Saudi Arabia due to which oil supplies have remained stable and oil prices have remained predictable in the last few months".

"Iran wasn't discussed," Foreign Secretary added.

The Crown prince also invited the Prime Minister for a conference in his country which will take place later this year. 

While with Merkel-Modi meet saw a discussion on artificial intelligence, railway modernisation, with South Korea, the focus was on how to improve the visa regime between the 2 countries. South Korea has recently liberalized group visas for Indian tourists.

PM Modi also had pull-aside meetings Vietnam PM Nguyen Xuan Phuc & World Bank President David Malpass and met several world leaders such as Canadian PM Justin Trudeau.

PM Will be meeting Indonesian President Joko Widodo, Brazilian President Jair Bolsonaro, Italian PM Giuseppe Conte, Turkish President Recep Tayyip Erdoğan, Prime Minister of Singapore Lee Hsien Loong, President of Chile Sebastián Piñera, and Australian PM Scott Morrison on the second and the final day of the G20 summit on Saturday.

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