https://arab.news/6u4pg
- Last September, about 50 agreements were signed under Saudi-India Strategic Partnership Council
- Saudi Vision 2030, India鈥檚 Viksit Bharat 2047 are complementary for new partnerships, Jaishankar says
NEW DELHI: 抖阴短视频 and India held talks on Wednesday in New Delhi, led by their foreign ministers, aimed at identifying new partnerships.
抖阴短视频鈥檚 Prince Faisal bin Farhan and India鈥檚 S. Jaishankar co-chaired the second meeting of the Ministerial Committee on Political, Security, Cultural and Social Affairs, which falls under the Saudi-India Strategic Partnership Council.
Their talks follow the council鈥檚 first leaders鈥� meeting last September, during which Crown Prince Mohammed bin Salman and India鈥檚 Prime Minister Narendra Modi presided over the signing of about 50 initial pacts.
They had also agreed to form a joint task force to enable a $100 billion Saudi investment in India.
In a livestreamed video of his opening remarks, Prince Faisal said: 鈥淭he inaugural meeting of the Saudi-India Strategic Partnership Council 鈥� has set the stage for a new era of cooperation across various fields and we look forward to further enhancing the council鈥檚 capabilities and efficiency in achieving our shared objectives.鈥�
He added: 鈥淲e are confident that advancing cooperation serves our mutual interests as well as benefits the region more broadly, and I look forward to exploring the diverse aspects of our cooperation.鈥�
抖阴短视频 is home to about 2.6 million Indian nationals, making it the third-largest host country for the diaspora, after the UAE and the US.
The Kingdom is also India鈥檚 fifth-largest trading partner, with bilateral trade between the two countries at around $43 billion in 2023-2024.
Trade and investments are 鈥渋mportant pillars鈥� in Saudi-India relations, Jaishankar said during the meeting as he highlighted recent efforts to boost cooperation, including in technology and renewable energy.
鈥淪audi鈥檚 Vision 2030 and Viksit Bharat 2047 hold complementarities for our industries to build new partnerships. I am glad to note that our businesses are collaborating intensively,鈥� he said, referring to the Kingdom鈥檚 transformation plan and India鈥檚 goal to become a developed nation.
鈥淲hile we may be time-tested friends, but our partnership is premised on progress and focused on the future.鈥�