Prime Minister Narendra Modi said India and Saudi Arabia have a joint defense cooperation committee that holds regular meetings and the two nations have identified a number of areas of mutual interest and cooperation in the field of defense and security. We are also in the process of concluding security cooperation agreements and cooperation in the defense industry and we have also agreed to hold a comprehensive security dialogue mechanism between the two countries, he said. One of the main outcomes of the visit is likely to be the establishment of a Strategic Partnership Council (SPC) between the two countries. India will be the fourth country with which the kingdom has entered into a strategic partnership, the others being Britain, France and China. The UPP will have two parallel tracks: politics, security, culture and society, led by the foreign ministers of the two countries; and economy and investment, led by India`s Minister of Trade and Industry and the Saudi Minister of Energy. India and Saudi Arabia have consolidated their strategic partnership by signing an agreement on the formation of a Council led by Prime Minister Modi and King Salman. Prime Minister Modi held bilateral talks with Crown Prince Mohammed Bin Salman and signed the Strategic Partnership Council agreement. He met with King Salman bin Abdulaziz Al Saud separately for lunch. The Prime Minister said that Neighbourhood First remains my government`s foreign policy vision. India`s relations with Saudi Arabia are one of the most important bilateral relations in our wider neighbourhood. Through the Strategic Partnership Agreement, the Council will open a new era of cross-sectoral cooperation. Our relations in different dimensions, such as trade, investment, security and defence cooperation, are robust and deep and will only intensify. „I think Asian powers like India and Saudi Arabia share similar security problems in their neighborhoods.
In this regard, I am pleased that our cooperation, particularly in the areas of counter-terrorism, security and strategic issues, has progressed very well. My national security adviser has just visited Riyadh for a very productive visit. Prime Minister Narendra Modi said India and Saudi Arabia have a joint defense cooperation committee that holds regular meetings and the two nations have identified a number of areas of mutual interest and cooperation in the field of defense and security. Security Cooperation AgreementRelental Air Services Agreement Agreement between the Indian Oil Corp`s Middle East unit and Saudi Al Jeri Group on downstream cooperation, including retail in Saudi Arabia The signing by India and Saudi Arabia of the Strategic Partnership Council agreement would strengthen the already strong relationship between the two countries. Prime Minister Narendra Modi said. Prime Minister Modi`s visit is expected to further strengthen and strengthen bilateral relations in various areas such as security and strategic cooperation, defence, energy security, renewable energy, investment, trade and commerce, small and medium-sized enterprises, agriculture, civil aviation, infrastructure, housing, financial services, training and capacity building, culture and interpersonal engagement….