India Saudi Arabia Trade: Modi, Saudi Crown Prince Mohammed bin Salman inks Strategic Partnership Council agreement
India Saudi Arabia Trade: India and Saudi Arabia inked the Strategic Partnership Council Agreement to elevate their ties to the next level.

India Saudi Arabia Trade: India and Saudi Arabia inked the Strategic Partnership Council Agreement to elevate their ties to the next level, even as both sides signed 11 other deals, including in energy and security cooperation and defence production, after bilateral talks between visiting Indian Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman in Riyadh.
"In a significant up-gradation of the strategic partnership, PM@narendramodi and Saudi Crown Prince Mohammed bin Salman sign the Strategic Partnership Council Agreement," MEA spokesperson Raveesh Kumar tweeted, linking a video of the signing of the agreement between Modi and the Saudi Crown Prince. Earlier, the two leaders held bilateral talks.
See Zee Business Live TV streaming below:
"Sustaining the momentum of regular high-level contacts PM@narendramodi held fruitful discussions with Crown Prince HRH Mohammed bin Salman, a close friend of India, on adding greater dynamism and depth to the bilateral strategic partnership," the spokesperson tweeted.
The other agreements between the two sides, inked by their respective officials, were on cooperation in the field of renewable energy, on security cooperation, on combating illicit trafficking and smuggling of narcotic drugs, psychotropic substances and chemical precursors and in the field of defence - on collaboration in military acquisition, industries, research, development and technology.
Another MoU was on collaboration in civil aviation, in medical products regulations, a Letter of Intent between Small and Medium Enterprises General Authority (Monshaat) of the Saudi Arabia and Atal Innovation Mission (AIM), NITI Aayog,A a cooperation Programme between the Foreign Service Institute, and Prince Saud Al Faisal Institute of Diplomatic Studies (IDS).
Another agreement was between Indian Strategic Petroleum Reserves Limited (ISPRL) and Saudi Aramco.
Both sides inked an MoU for Cooperation between National Stock Exchange (NSE) and Saudi Stock Exchange (Tadawul), and another between National Payments Corporation of India (NPCI) and Saudi Payments.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

LIC Saral Pension Plan: How to get Rs 64,000 annual pension on Rs 10 lakh one-time investment in this annuity scheme that everyone is talking about

Gratuity Calculation: What will be your gratuity on Rs 45,000 last-drawn basic salary for 6 years & 9 months of service?

Rs 1,500 Monthly SIP for 20 Years vs Rs 15,000 Monthly SIP for 5 Years: Know which one can give you higher returns in long term

LIC Saral Pension Plan: How much should you invest one time to get Rs 64,000 annual pension for life?

Income Tax Calculations: What will be your tax liability if your salary is Rs 8.25 lakh, Rs 14.50 lakh, Rs 20.75 lakh, or Rs 26.10 lakh? See calculations

Monthly Pension Calculations: Is your basic pension Rs 26,000, Rs 38,000, or Rs 47,000? Know what can be your total pension as per latest DR rates
08:25 AM IST