Saudi Arabian Mining Company (Maaden) signed two memorandums of understanding (MoUs) with India’s firms IPL Co. and KRIBHCO worth $2 billion to supply five million tons of phosphate fertilizers to the Indian market for five years, Saudi Press Agency (SPA) reported on Thursday.

 

The deals were inked on the sidelines of Crown Prince Mohammed Bin Salman’s official visit to New Delhi.

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