INDIA – SAUDI ARABIA RELATIONS

Oct. 31, 2019

During the visit of Indian Prime Minister Modi to Saudi Arabia, the two sides have agreed to establish a Strategic Partnership Council to coordinate on important issues, taking the bilateral relationship to the next level.

About:

  • The Council will be an all encompassing bilateral mechanism which will cover an entire spectrum of relationship between the two countries.

  • It will be headed by the top leadership on either side.

  • The two sides re-affirmed their deep commitment to strengthen the strategic partnership envisaged in the ‘Riyadh Declaration’ of 2010.

List of MoUs/Agreements signed during the visit of Prime Minister to Saudi Arabia

  1. Strategic Partnership Council Agreement

  2. MoU on Cooperation in the Field of Renewable Energy

  3. Agreement on Security Cooperation

  4. MoU for Cooperation in the field of combating illicit trafficking and smuggling of narcotic drugs.

  5. MoU for collaboration in military acquisition, industries, research, development and technology

  6. MoU for Cooperation in the field of Civil Aviation

  7. MoU for Cooperation in the field of medical products regulations

  8. Letter of Intent between Small and Medium Enterprises General Authority (Monshaat) of the Kingdom of Saudi Arabia and Atal Innovation Mission (AIM), NITI Aayog, of the Republic of India

  9. Cooperation Programme between Foreign Service Institute, MEA and Prince Saud Al Faisal Institute of Diplomatic Studies (IDS) of Ministry of Foreign Affairs of Saudi Arabia

  10. MoU between Indian Strategic Petroleum Reserves Limited (ISPRL) and Saudi Aramco.

  11. MoU for Cooperation between National Stock Exchange (NSE) and Saudi Stock Exchange (Tadawul)

  12. MoU between National Payments Corporation of India (NPCI) and Saudi Payments