India and Saudi to sign array of MoUs today

PM Modi to address ISASP Council meet

New Delhi: Prime Minister Narendra Modi and Saudi Crown Prince Mohammad Bin Salman during the joint press meet at Hyderabad House in New Delhi on Feb 20, 2019. (Photo: IANS/PIB)

By Ahmed Khan, The Rahnuma Daily Editor-In-Chief (Online English Edition), @editor_therahnuma, editor@therahnuma.com

RIYADH (RAHNUMA) To invigorate the bilateral ties between India and Saudi Arabia, both the countries come together at “India Saudi Arabia Strategic Partnership Council” today at Riyadh that would saw an array of MoUs to be signed between the two nations.

This meet between Modi and King Salman Bin Abdulaziz Al-Saud would underscore the evolution of new era in the annals of Indo-Arab relationship as both the leaders delve deeper into the issues mutually cornering their nations.

Prime Minister Narendera Modi will be addressing a third edition of Saudi Arabia’s annual investment forum emphasizing future investment initiative of the oil rich country.

The significant pacts that would ink between the two nations are about strengthening the economy, safest oil import, energy, terrorism, as well as boosting defense and security cooperation among two countries. Increasing the number of weekly and monthly direct flights between the countries along with augmented seating capacity would also be discus to benefit both the national carriers. Renewable energy, agriculture and small enterprises are among the other issues to be discussed during the meet.

Energy cooperation is the core issue to take a front seat during PM’s visit as Saudi Arabia is one of the largest supplier of crude and LPG to India. In 2017-18, India’s crude oil imports from Saudi Arabia were 36.8 MMT, accounting for 16.7% of India’s total imports.

During His Royal Highness the Crown Prince’s visit to India in February 2019, the joint statement reiterated the Kingdom’s commitment to meet India’s growing needs for crude oil and petroleum products and substitute for any shortages that may arise as a result of any disruptions from other sources.

As far as the issue of renewable energy is concerned Suzlon Group, one of India’s leading global renewable energy solutions provider in the world, has already won an order of 50.40 MW wind power project in Saudi Arabia.

PM Modi will be going to raise the issue of terrorism during his speech as India is the main victim of cross border infiltration which is by and large sponsored by neighbouring Pakistan. PM Modi, in the past had raised this issue during Mohammed bin Salman’s visit to India.

During the visit of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, the Crown Prince to India in February 2019, Prime Minister Narendra Modi in his welcome address said, “India and the Kingdom of Saudi Arabia share a common vision” and that “the Middle East and the Arab Gulf States are working to keep stability and security in these two regions”. “We have common interests and we have agreed to extend cooperation between us. We also agreed to deepen cooperation between the two countries in the fields of maritime and cyber security as well.”

Later, the joint statement emerging from HRH Crown Prince’s visit to India affirmed that the menace of extremism and terrorism threatens all nations and societies, the two sides rejected any attempt to link this universal phenomenon to any particular race, religion or culture. Both sides called on all states to reject the use of terrorism against other countries; dismantle terrorism infrastructures where they happen to exist and to cut off any kind of support and financing to the terrorists perpetrating terrorism from all territories against other states; and bring perpetrators of acts of terrorism to justice. The two sides also noted the need for concerted action by the international community against terrorism.

In the joint statement, both sides called up on all countries to renounce the use of terrorism as an instrument of state policy. They also called upon all states to deny access to weapons including missiles and drones to commit terrorist acts against other countries.

Ahmed Khan is the Editor-In-Chief & Publisher of The Rahnuma Daily (theRahnuma.com), the online English daily edition of The Rahnuma-E-Deccan Daily (ReDD), India’s oldest Urdu daily print newspaper. Established in 1921, ReDD is ranked by the INA (Indian Newspaper Association) as among the top five most widely circulated Urdu newspapers in India. Ahmed resides in Hyderabad at his maternal ancestral home with his uncle H.E. Mr. Syed Vicaruddin, Editor-In-Chief, Publisher, The Rahnuma-E-Deccan Daily. He can be contacted at, @editor_therahnuma, editor@therahnuma.com

Show More

Related Articles

Close