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International Journal of Trade & Commerce-IIARTC
Impact Factor (IF):5.135 (COSMOS), IF:7.249 (ISRA), IF:3.721 (ISI)
ISSN:2277-5811 (P), ISSN:2278-9065 (O)
Frequency: Half Yearly
India-Saudi Arabia Partnership Getting Stronger
Author:Sanjay Kumar
Abstract:
India-Saudi Arabia partnership has improved significantly in recent times and is expected to gain its momentum in the years to come. It is the common interests and the mutual desire that have been the main driving force behind this partnership. The economic complementarities are helping this relationship to grow stronger. Saudi Arabia is now an important part of India’s foreign policy and vice-versa. With a changed global geo-political environment and increasing economic interdependence, Saudi Arabia today considers India not only a strategic economically, but also a potential ‘bridging power’ that can play a constructive role for regional peace and stability. The paper argues that the relationship has the potential to not only serve the interests of both sides but on a large scale it can bring peace, security and prosperity in the region. This way the paper explores the future prospects of the partnership between India and Saudi Arabia. First, the paper highlights the strategic significance of the partnership. Then the common interests of both countries are discussed. This is followed by an analysis of the political, economic and defence relations between the two sides. In the final section, the paper makes an assessment of the long-term areas of cooperation between the two countries.
Keywords:Keywords: India, Saudi Arabia, Common Interests, Political, Economic and Defence.
DOI:
International Journal of Trade & Commerce (Vol: 6 Issue:2)
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