I. Strategic Partnership Council
- The second leaders meeting of the India-Saudi Arabia Strategic Partnership Council (SPC) was co-chaired by Hon’ble Prime Minister of India Shri Narendra Modi and His Royal Highness Prince Mohammed bin Salman, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia on 22 April 2025 in Jeddah. The Council reviewed the work of the various committees, subcommittees and working groups under the SPC, which encompass political, defence, security, trade, investment, energy, technology, agriculture, culture and people-to-people ties. The discussions were followed by signing of the minutes by the two leaders.
- To reflect the deepening of defence partnership over the past few years – including joint exercises, training programmes, and collaboration in defence industry, the Council decided to create a new Ministerial Committee on Defence Cooperation under the SPC.
- To strengthen cultural and people-to-people ties, which has significant momentum in recent years, the Council decided to create a new Ministerial Committee on Tourism and Cultural Cooperation under the SPC.
- The four committees under the India-Saudi Arabia SPC shall now be as follows:
(1) Political, Consular and Security Cooperation Committee.
(2) Defence Cooperation Committee.
(3) Economy, Energy, Investment and Technology Committee.
(4) Tourism and Cultural Cooperation Committee.
II. High Level Task Force on Investment (HLTF)
- Building on the commitment of Saudi Arabia to invest USD 100 billion in India in multiple areas including energy, petrochemicals, infrastructure, technology, fintech, digital infrastructure, telecommunications, pharmaceuticals, manufacturing and health, the joint High-Level Task Force on Investment came to an understanding in multiple areas to rapidly promote such investment flows.
- Both sides agreed to collaborate on establishing two refineries in India.
- The progress made by HLTF in areas such as taxation is a major breakthrough for greater investment cooperation in the future.
III. List of MoUs/Agreements:
- MoU between the Saudi Space Agency and the Department of Space of India on Cooperation in the field of Space Activities for Peaceful Purposes.
- MoU between the Ministry of Health of Saudi Arabia and the Ministry of Health and Family Welfare of India on Cooperation in the field of Health.
- MoU between the Saudi Arabian Anti-Doping Committee (SAADC) and the National Anti-Doping Agency, India (NADA) on Cooperation in the field of Anti-Doping Education and Prevention.
- Agreement between the Saudi Post Corporation (SPL) and the Department of Posts, Ministry of Communications of India on Cooperation in Inward Surface Parcel.
