India and Saudi Arabia Strengthen Trade and Security Ties, Announce Railways and Port Corridor

Indian Prime Minister Narendra Modi and Saudi Arabia’s Crown Prince Mohammed bin Salman met in New Delhi to discuss and expand trade and security ties between the two countries. During their meeting, they also chaired the India-Saudi Arabia Strategic Partnership Council, which focuses on various aspects such as energy security, investment, defense, healthcare, and food security.

Additionally, the leaders announced a new railways and port corridor deal that aims to connect India with the Middle East and Europe, serving as an alternative to China’s infrastructure program. The corridor is expected to enhance economic cooperation, energy development, and digital connectivity between Asia, West Asia, and Europe. The visit of the Crown Prince to India follows his participation in the G20 summit. The two countries view each other as important strategic partners, with trade between them reaching over $52.8 billion in the previous fiscal year.