What's new

Saudi Arabia, India sign military cooperation pact

.
Crown prince talks reflect warmth in Indo-Saudi ties

cpsalman.jpg

RIYADH: GHAZANFAR ALI KHAN

Published — Friday 28 February 2014

Last update 28 February 2014 5:58 pm

Saudi Arabia and India on Thursday sought to further deepen strategic diplomatic and business relations as Crown Prince Salman, deputy premier and minister of defense, met India’s top leadership, including President Pranab Mukherjee and Prime Minister Manmohan Singh.
A wide range of bilateral and regional issues including terrorism and security situation in the Middle East and Afghanistan figured prominently during the talks between the Crown Prince and Indian officials. The two sides pledged to work closely to safeguard economic and security interests through proactive diplomacy in the Middle East.
A statement released by the Indian Prime Minister’s office on Thursday said: “Crown Prince Salman and Prime Minister Singh discussed trade, investment, terrorism and security situation in West Asia and Afghanistan in the talks.”
The crown prince warmly reciprocated the Indian government’s gestures and said: “Indo-Saudi relations are old and historic.”
He elaborated: “Bilateral relations have been progressing well, and Custodian of the Two Holy Mosques King Abdullah has instructed that excellent relations should be maintained with India,” adding that Saudi Arabia was interested in improving relations with India in all fields.
“It welcomes cooperation in fighting terrorism,” said the crown prince, adding that ties must be further strengthened.
Singh conveyed to Crown Prince Salman that India had a special relationship with Saudi Arabia which it holds in high esteem.
Later, Crown Prince Salman was received by Indian President Mukherjee at Rashtrapati Bhavan.
Welcoming the crown prince, Mukherjee said relations between India and Saudi Arabia will be greatly strengthened by his visit, which is his first as crown prince.
“India cherishes its cordial and friendly relations with Saudi Arabia, which are deep-rooted in history and based on the foundation of close people-to-people contacts,” Mukherjee said.He added: “The defense pact signed by Riyadh and New Delhi would help defense personnel of the two countries to work closely and learn from each other’s experiences. Both countries are vulnerable to the menace of terrorism, and India shares many security concerns with Saudi Arabia.”
Expressing happiness that the two countries have been cooperating in the fight against terrorism, money laundering, narcotics, arms and human trafficking, Mukherjee also conveyed his sincere thanks to King Abdullah and Crown Prince Salman for “ensuring the well-being and safety of Indians in Saudi Arabia.”
The Indian president also complimented the Saudi government for the excellent arrangements made for Haj pilgrims from all over the world, including those from India.
On the sidelines of the visit, several ministerial meetings also took place in New Delhi on Thursday. During an interaction with Indian media, Minister of Culture and Information Abdulaziz Khoja highlighted all aspects of the ties, and particularly mentioned the visit of the first Indian Prime Minister late Jawaharlal Nehru to Saudi Arabia in 1956 when he delivered a speech at a football stadium.
“This was a privilege not given to any other foreign leader,” said Khoja, who also met Indian Culture Minister Chandresh Kumari Katoch in the Indian capital on Thursday.
The two sides revisited the memorandum of understanding on cultural cooperation signed between the two countries in 2010 providing a framework for deeper engagement. The Saudi side proposed to hold Indian painting and photography exhibition in Riyadh, Jeddah and Dammam to showcase the diversity of India. Possible cooperation in documentation of manuscripts and antiquities between Riyadh National Museum and National Institute of Art Conservation and Museology, New Delhi, was also discussed.
The two sides stressed the need for sharing Indian experience in exploration and excavation of archaeological sites in association with Archaeological Survey of India, cooperation between the National Archives of India and the Saudi Libraries on preservation, maintenance and conservation of ancient records and holding calligraphy exhibitions in India and Saudi Arabia.
Saudi Arabia also expressed pleasure to host a music troupe from India this year.
Khoja also extended an invitation to the Indian culture minister to visit Riyadh to discuss possible areas of cultural cooperation and partnership. Minister of Economy and Planning Mohammed Al-Jasser also met with vice chairman of India’s Planning Commission Montek Singh Ahluwalia on Thursday.
Later, a dinner hosted by Saudi Ambassador to India Saud Al-Sati was attended by Crown Prince Salman and Indian Vice President Hamid Ansari besides a large number of Saudi and Indian officials.

Crown prince talks reflect warmth in Indo-Saudi ties | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.


Cementing Ties
Crown Prince Salman shakes hands with Indian President Pranab Mukherjee in New Delhi, Thursday. — AFP

Faheem Al-Hamid
Okaz/Saudi Gazette


CROWN Prince Salman Bin Abdul Aziz, deputy premier and minister of defense, held separate talks with Indian President Pranab Mukherjee and Prime Minister Manmohan Singh here on Thursday. They discussed issues of mutual concern and ways to further bolster bilateral ties between the two countries.

The crown prince’s visit to India is the highest level political visit from the Kingdom after the January 2006 landmark trip by King Abdullah as chief guest at the Republic Day celebrations. The King’s visit was followed by the visit by Prime Minister Singh to Riyadh in 2010 and that elevated the bilateral relations to the level of strategic partnership covering security, economic, defense and political areas.

After arrival in New Delhi on Wednesday, the crown prince held talks with Vice President Hamid Ansari. During the meeting, both countries signed an agreement for military cooperation in the fields of training, and exchange of expertise and visits of military personnel.

Saudi Minister of Commerce and Industry Tawfiq Al-Rabiah and Minister of Economy and Planning Muhammad Al-Jasser opened the Saudi–India Business Forum, which kicked off on Thursday on the sidelines of the crown prince’s visit.

Addressing the forum, Al-Rabiah said that India has become Saudi Arabia’s fourth largest partner with bilateral trade of over $43 billion in 2012-13. “Saudi Arabia is also India’s largest crude oil supplier accounting for about one-fifth of total imports in 2012-13. The Kingdom is the market for eight percent of India’s volume of imports, and India is the fifth largest market of Saudi exports, representing 8.3 percent of total exports.”

Referring to the steady growth in bilateral investments and joint ventures, Al-Rabiah said that a total of 426 licenses have been issued to Indian companies for joint ventures or projects with 100 percent ownership. This resulted in increasing volume of mutual investments to $1.6 billion. “There are investments in sectors like administration, consultancy services, building construction, pharmaceuticals, and communications and IT.

India’s largest automobile company Tata Motors is exploring the possibility of setting up a manufacturing plant for Jaguar and Land Rover in the Eastern Province, the minister said.

He said Tata Group’s other companies including Tata Consultancy Services (TCS) and Tata Steel are also having significant business engagements with Saudi Arabia and have shown commitment to expand it further.

Tata Steel won an order last year to supply high-quality rails for a new high speed rail line linking the two holy cities of Makkah and Madinah, the minister said.

On behalf of Minister of Culture and Information Dr. Abdul Aziz Khoja, Abdullah Al-Hussein, chairman of Saudi Press Agency, opened on Thursday the Saudi Indian Media Forum. Referring to the historic ties between the two countries, Al-Hussein said: “The high ranking visits by Indian and Saudi leaders started with the historic 17-day visit by King Saud to India in November 1955 and it was followed by the visit of first prime minister of India Jawaharlal Nehru in September 1956 during which he addressed a large crowd at a football ground in Jeddah.” He said this was the privilege for an Indian leader enjoyed by no other world leader.

Cementing Ties | Front Page | Saudi Gazette
 
Last edited:
.
Our business... :coffee:
OK but if you were talking about pipeline then you dont have the money to build it.
As for recognizing Israel....this deal has led the pavement for it...

It is not that much easy as you think,if you recognize Israel then it will weaken your stance regarding Kashmir(which is already compared to India)
 
. . .
Israel is illegally occupying some lands and same is the case wtih India(according to Pakistan) so if you recognize Israel you will be termed as hypocrites which in turn will weaken your stance.
India is illegal!! :woot:
 
. . .
Long ago told you guys, now young Suadi lot educated from abroad talk business. Its time for Pakistani leader to stop singing emotional song and check the reality. Majority of doctors and IT guys from India.
 
.
KSA should also singed contract with India over the supply of Oil as IRAN might be facing some problems because of Sanctions and NATO going out of Afghanistan and IRAQ then you can consider IRAN as the next country.
 
.
KSA should also singed contract with India over the supply of Oil as IRAN might be facing some problems because of Sanctions and NATO going out of Afghanistan and IRAQ then you can consider IRAN as the next country.

NATO has already left Iraq :what:

We seek partners, friends, and investments. We look forward to doing as many lucrative business with everybody as possible.
 
.
NATO has already left Iraq :what:

We seek partners, friends, and investments. We look forward to doing as many lucrative business with everybody as possible.

Nice... Qatar is dealing in LNG so KSA should take the whole order of Oil from China and India along with other Asian Non Muslim countries. Moreover, KSA and other Middle Eastern countries should try to invest in Muslim countries in Oil, Gas and other mineral exploration and extractions.
 
.
Nice... Qatar is dealing in LNG so KSA should take the whole order of Oil from China and India along with other Asian Non Muslim countries. Moreover, KSA and other Middle Eastern countries should try to invest in Muslim countries in Oil, Gas and other mineral exploration and extractions.

No dear.

Look at it this way; in another 3 years the demand for Saudi Oil will decrease since USA will develop it's shale oil reserves.
Not only that, but it will start to export as well.

What that means is now Saudi Arabia will be in direct contention for market share.

Now India is going to be a huge oil importer foreseeable future.
India can get oil from Iran at very lavish rates and terms, or it can get it from Saudi Arabia of which the lavish terms are now being formalized.
 
.
No dear.

Look at it this way; in another 3 years the demand for Saudi Oil will decrease since USA will develop it's shale oil reserves.
Not only that, but it will start to export as well.

What that means is now Saudi Arabia will be in direct contention for market share.

Now India is going to be a huge oil importer foreseeable future.
India can get oil from Iran at very lavish rates and terms, or it can get it from Saudi Arabia of which the lavish terms are now being formalized.

KSA should sell them on market rates both INDIA and CHINA but Lavish terms would be that they will continue the supply. More over they should come in Pakistan to develop oil, gas and coal fields especially in Arabian sea as well as in North too....
 
.
KSA should sell them on market rates both INDIA and CHINA but Lavish terms would be that they will continue the supply. More over they should come in Pakistan to develop oil, gas and coal fields especially in Arabian sea as well as in North too....

Uh .. no.
That is not how economic works.
 
.

Country Latest Posts

Back
Top Bottom