Saudi Arabia and India's Investment Agreements

Saudi Arabia has signed more, that is,

what we estimate to be more than

fifty investment agreements across all

sectors with India.

Some say fifty agreements.

Saudi Arabia is complementary to

the visions or strategies of India,

India has vision programs that some

may not know about, but there is the

Leading India initiative, Make in India,

Start in India, smart cities, Clean

India, Digital India, and other programs.

These programs converge with

Saudi Vision 2030, so we see that

there is very significant cooperation between Saudi Arabia

and India. Therefore, when we want to discuss

the importance of that for India, we must look

at, or examine closely, the types of sectors that

the recent and previous agreements focused on. We see that they

revolve around energy sectors,

petrochemicals, renewable energy,

Agriculture, industry, um, in addition to that,

um, there is also, um, joint cooperation, um, in

energy security in general, trade, investment.

So, when you look at it, we see that it, um, comes

in first place in economic terms, or

economically first and foremost, but it goes beyond that.

The Kingdom, um, India is also, um, the second-largest

strategic partner or largest partner, second-largest partner

trading partner of the Kingdom. The Kingdom, um, is

the fourth, um, fourth-largest trading partner of India,

um, and the second-largest oil supplier to India. Um, India

um, is the third-largest economy on the, um, continent of

Asia. Therefore, cooperation between, um, the Kingdom of Saudi

Arabia and India will have, um, benefits

primarily economic, but there is also cooperation in

the field of, um, security and, um, also

um, in the, uh, political field, which is

integration, um, in general, in all fields