A complete sequence of bilateral arrangements in terms of important areas like technology, tourism, energy, and climate cooperation characterized the strengthening of the strategic relationship between India and Saudi Arabia within the quickly evolving multipolar global order.
The joint statement came after Prime Minister Narendra Modi paid his third official visit to Riyadh -- a visit which was shortened by a terror attack in Kashmir's Pahalgam that killed 26 people, the majority of whom were tourists.
Guiding the talks was the common commitment to stabilizing the international oil market. Saudi Arabia and India agreed to stabilize world energy balances and maintaining security of energy supply. The two countries stressed enhanced cooperation in crude oil supply, derivatives, and development of clean energy sources, such as green and clean hydrogen. They committed to enhance hydrogen transportation and storage technologies, create demand, and share best practices.
Climate action was the alliance's second pillar. The two countries reaffirmed their commitment to the UN Framework Convention on Climate Change and the Paris Agreement. India welcomed Saudi Arabia's environmental initiative through the Saudi Green Initiative and Middle East Green Initiative. The nations also agreed to cooperate in using circular carbon economy models in emissions management and achieving climate targets throughout the world.
The ever-evolving tech landscape also dominated the headlines. India and Saudi Arabia pledged even more intensified collaboration in areas of cutting-edge technology such as artificial intelligence, cybersecurity, and semiconductors. India's Telecom Regulatory Authority and Saudi Arabia's Communications, Space and Technology Commission signed a new Memorandum of Understanding (MoU), a new chapter of digital governance collaboration.