Strategic Partnership Council between India and Saudi Arabia Approved by Cabinet
Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved Post Facto the Agreement signed by Prime Minister on 29th October, 2019 for establishment of Strategic Partnership Council between India and Saudi Arabia.
The Agreement will enable the leadership at the highest-level in both countries to meet regularly and monitor progress in the ongoing initiatives/projects under the strategic partnership. It will help identify new areas for forging strategic engagement and will define the goals to be achieved and benefits to be derived.
In a major upgradation of relations India and Saudi Arabia have formed the Strategic Partnership Council which will at the apex level be headed by the Crown Prince, Deputy Prime Minister and Minister of Defence and the Indian Prime Minister during the visit of Prime Minister Narendra Modi to Riyadh in October 2019.
Interestingly the agreement for the same was signed by the two principals personally indicating the importance that is being given to the same.
Apart from the various energy and economic cooperation cum investment agreements that have been signed the two security related ones also assumes importance to include the Agreement on Security Cooperation and the MOS between Saudi General Authority of Military Industries (GAMI) and Department of Defence Production, Ministry of Defence concerning collaboration in military acquisition, industries, research, development and technology…
Prime Minister Narendra Modi said that India and Saudi Arabia have a Joint Committee on Defence Cooperation that holds regular meetings and that the two nations have identified a number of areas of mutual interest and cooperation in the field of defence and security.
“We are also in the process of entering into agreements on security cooperation, collaboration in defence industries, and also agreed to hold a comprehensive security dialogue mechanism between the two countries”, he said.
The proposal aims to benefit the citizens with improved economic and commercial linkages with Saudi Arabia irrespective of any gender, class or income bias.
This Agreement with Saudi Arabia will open new avenues of partnership in strategic areas like defence, security counter-terrorism, energy security and renewable energy.