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New Delhi needs to do a lot more spadework to attract Arab investments, delegates attending the two-day Indo-Arab investment projects conclave.
A memorandum of cooperation and a plan of action for an India-Arab Forum have been in discussion between India and the 22-member Arab League for over a year, Ahmed Salem Al-Wahishi, chief representative of the League of Arab States in India, said at the Indo-Arab Investment Projects Conclave.
The effort would be to attract infrastructure funds for India from the Arab countries, said the Union Minister for External Affairs, Mr Pranab Mukherjee, while addressing the Indo-Arab investment projects conclave.