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இந்தியா vs சவூதி அரேபியா Army Power Comparison in Tamil| Tamil Zhi | Ravi

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Tamil Zhi Ravi
India–Saudi Arabia relations or Indo-Saudi relations are the bilateral relationship between the Republic of India and the Kingdom of Saudi Arabia. Relations between the two nations are generally strong and close, especially in commercial interests. Indo-Saudi bilateral trade reached US$27.48 billion in the financial year 2017–18, up from US$25.1 billion in the preceding year. Saudi Arabia's exports to India stood at US$22.06 billion whereas India's exports were US$5.41 billion. Since its independence in 1947, India has sought to maintain strong ties with Saudi Arabia, an important regional power and trading base in West Asia. In a major visit by King Saud of Saudi Arabia to India in November 1955, both nations agreed to shape their relationship based on the Five Principles of Peaceful Co-existence. Saudi Arabia is also home to more than 1.4 million Indian workers. India was the only South Asian nation to recognise the Soviet-backed Democratic Republic of Afghanistan, whereas Saudi Arabia was one of the key supporters of the Afghan mujahideen, who fought the Soviets and their Afghan allies from Pakistan
India's strategic relations with Saudi Arabia have been affected by the latter's relations with Pakistan. Saudi Arabia supported Pakistan's stance on the Kashmir conflict and during the Indo-Pakistani War of 1971, at the expense of its relations with India. The Soviet Union's close relations with India also negatively affected Indo-Saudi relations. During the Persian Gulf War (1990–91), India officially maintained neutrality. Saudi Arabia's close military and strategic ties with Pakistan have also been a source of continuing strain.

Since the 1990s, both nations have taken steps to improve ties. Saudi Arabia has supported granting observer status to India in the Organisation of Islamic Cooperation (OIC) and has expanded its collaboration with India to fight Islamic terrorism in the Middle East. In January 2006, King Abdullah of Saudi Arabia made a special visit to India, becoming the first Saudi monarch in 51 years to do so. The Saudi king and the Indian Prime Minister Manmohan Singh signed an agreement forging a strategic energy partnership that was termed the "Delhi Declaration." The pact provides for a "reliable, stable and increased volume of crude oil supplies to India through long-term contracts." Both nations also agreed on joint ventures and the development of oil and natural gas in public and private sectors. An Indo-Saudi joint declaration in the Indian capital New Delhi described the king's visit as "heralding a new era in India-Saudi Arabia relations."

In 2019, Saudi Arabia increased the Hajj quota of India, making it the 2nd highest country in the number of Pilgrims. Thus, the number of Indian pilgrims jumped to 200,000 per year in 2019.
India and Saudi Arabia are developing countries and need two-sided flow of investment in infrastructure and development. Progressive growth has been observed between the countries in bilateral investment after the liberalisation policy of India in 1991 and little bit faster increase in new millennium. Saudi Arabia is ranked at 15th position in country-wise FDI joint venture in India and it is second in Arab countries followed by UAE. Saudi has US$21.55 million worth value in FDI joint venture during 2004–05 to 2007–08. Saudi is also among the major FDI investing countries in India, it has invested ₹422 million (US$5.9 million) during August 1991 to December 1999 and ₹691 million (US$9.7 million) during January 2000 to August 2008. Investment is observed in diverse fields such as paper manufacture, chemicals, computer software, granite processing, industrial products and machinery, cement, metallurgical industries, etc. Indian firms also has shown the interest in Saudi market after new Saudi laws and established joint venture projects or wholly owned subsidiaries in the Kingdom. According to Saudi investment authority survey, India has 56 FDI projects having worth of 304 million SAR during 2005 in Saudi Arabia. These licenses are for projects in different sectors such as management and consultancy services, construction projects, telecommunications, information technology, pharmaceuticals, etc. Moreover, several Indian companies have established collaborations with Saudi companies and working in the Kingdom in the areas of designing, consultancy, financial services and software development

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10 октября 2020 г. 15:58:45
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