Saudi Arabia and India welcomed the expansion of the Saudi-Indian Strategic Partnership Council, according to a joint statement issued on Wednesday following Indian Prime Minister Narendra Modi's state visit to the kingdom, reported Xinhua.
The expansion features a ministerial committee for defense cooperation and another for tourism and culture, the Saudi Press Agency reported.
Recognizing the importance of joint action on global issues, they agreed to enhance cooperation and coordination within international organizations and forums such as the G20, International Monetary Fund, and World Bank.
The two sides affirmed their commitment to strengthening their direct and indirect investment partnership.
In energy, the Indian side agreed to work with the kingdom to enhance the stability of global oil markets and to balance global energy market dynamics.
Both parties emphasized the need to ensure supply security for all energy sources in global markets.
The two sides emphasized the importance of cooperation in green/clean hydrogen, including stimulating demand, developing hydrogen transport and storage technologies, and exchanging expertise and experiences.
Modi arrived in the Saudi port city of Jeddah on Tuesday, where he held talks with Saudi Crown Prince Mohammed bin Salman Al Saud.
The Indian prime minister returned to New Delhi early Wednesday, after cutting short his 2-day state visit to Saudi Arabia following Tuesday's killing of tourists in Indian-controlled Kashmir.
- India
- Saudi Arabia
Source: www.dailyfinland.fi