Landmark Strategic Meeting between PM Modi and Saudi Crown Prince

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Landmark Strategic Meeting between PM Modi and Saudi Crown Prince
11 Sep 2023
4 min read

News Synopsis

Key Discussions on Energy, Trade, and Defense Cooperation"

In a landmark development, Prime Minister Narendra Modi and Saudi Arabia's Crown Prince Mohammed bin Salman Al Saud engaged in a bilateral meeting in New Delhi, covering crucial topics that hold the potential to deepen ties between the two nations.

Strategic Partnership: India and Saudi Arabia

Strengthening Bilateral Relations for Regional Peace and Prosperity

Addressing the first leaders' meeting of the India-Saudi Arabia Strategic Partnership Council, PM Modi underscored the significance of Saudi Arabia as one of India's most crucial strategic partners.

He emphasized that their mutual cooperation plays a pivotal role in ensuring peace and stability in the broader region.

"For India, Saudi Arabia is one of its most important strategic partners. As two large and fast-growing economies of the world, our mutual cooperation is important for peace and stability in the entire region. In our talks, we have identified several initiatives to take our partnership to the next level. Today's talks will provide new energy and direction to our relations. This will provide us inspiration to work together for the welfare of humanity," PM Modi stated.

Economic Corridor and Digital Connectivity

Fostering Economic Growth and Digital Linkages Between Regions

PM Modi highlighted the importance of the economic corridor connecting India, West Asia, and Europe. This transformative project is set to stimulate economic growth and facilitate digital connectivity among these regions.

He commended Saudi Arabia's role in this endeavor, acknowledging its remarkable economic growth under the vision of 2030.

"Yesterday, we have taken a decision to start a historic economic corridor between India, West Asia, and Europe. This corridor will not only connect two countries but also help in providing economic growth and digital connectivity between Asia, West Asia, and Europe. Under your leadership and vision 2030, Saudi Arabia has seen tremendous economic growth, and I congratulate you for that," PM Modi expressed.

Saudi Arabia's Contribution to India's G20 Presidency

Acknowledging Saudi Arabia's Role in G20 Success

Prime Minister Modi expressed his gratitude to the Saudi Crown Prince for Saudi Arabia's valuable contribution to the success of India's G20 Presidency.

The G20 Summit, hosted in India's national capital, witnessed significant developments, including the announcement of a historic connectivity corridor involving India, the Middle East, and Europe.

Historic India-Middle East-Europe Connectivity Corridor

A Landmark Agreement for Connectivity and Infrastructure

During the G20 Leaders Summit, India, the United States, Saudi Arabia, and the European Union unveiled a historic agreement to launch a mega India-Middle East-Europe shipping and railway connectivity corridor.

This pioneering initiative marks a significant milestone in cooperation on connectivity and infrastructure, involving key players such as India, the UAE, Saudi Arabia, the EU, France, Italy, Germany, and the US.

This strategic meeting between Prime Minister Modi and the Saudi Crown Prince underscores the growing importance of their bilateral relationship and their joint commitment to advancing cooperation in vital sectors like energy, trade, and defense.

TWN Opinion