New Delhi sources stated that the Indian government said Prime Minister Narendra Modi will visit Russia on May 21 for an informal summit with Russian President Vladimir Putin in Sochi. It is anticipated that his trip to Russia will be favorable for India.
Media reports made a statement that Modi will travel to Russia at Putin's invitation. Accordingly an External Affairs Ministry release said the visit will be an important occasion for the two leaders to exchange views on international matters in a broad and long-term perspective in order to further strengthen the special and privileged strategic partnership.
As per the release "Both leaders will discuss
their respective national developmental priorities and bilateral matters”.
Furthermore it said that the informal summit was in keeping with the tradition
of regular consultations between India and Russia at the highest level. Moreover
Putin had won a fourth term in office in March.
Saudi Arabia auctions real estates of billionaire Maan al-Sanea Riyadh sources stated that Saudi Arabia will auction real estate owned by indebted billionaire Maan al-Sanea and his company starting next month to help repay billions of riyals due to creditors. Meanwhile sources familiar with the matter told Reuters, Sanea ranked by Forbes in 2007 as one of the world's
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