OBJECTIVES OF THE FORUM:

(a) To promote Saudi Arabia-India bilateral commercial and economic interests;

(b) To provide a platform to Indian business persons, Indian public sector undertakings, Indian private sector business institutions, institutions having business ties in India, Saudi business bodies and Saudi business persons to share commercial and economic information and address matters of mutual concern and interest;

(c) To interact with apex business organizations in India such as Federation of Indian Chamber of Commerce and Industry, Confederation of Indian Industry, Export Promotion Council for promotion of Indian business interests in Saudi Arabia and vice versa; and

(d) To interact with the Saudi business persons, business bodies and Government of Saudi Arabia.

(e) Membership of the Forum is open to Companies and Individual Members.

(f) Certain issues/difficulties faced by the members of the business community may be discussed during IBF meetings. Important issues requiring Embassy intervention with the Saudi authorities could be taken up during the Indo Saudi Joint Commission meetings as well as with the other concerned Saudi authorities.

(g) Members can decide a calendar of events of IBF which among other things could include lectures /interaction with Saudi dignitaries.

(h) Members may also be invited for interaction with the visiting Indian business delegations/other dignitaries etc.

(i) Indian professionals may be invited to give talks in their areas of expertise.

TERMINATION OF MEMBERSHIP:

The Managing Committee may terminate the membership of any individual member or any corporate member represented by its representative in case of misconduct.