Indo-Saudi commercial partnership: current state and factors of the future

Abstract

It seems relevant to comprehend the problem when the economic liberalization of the Republic of India and the development of energy trade are accompanied by an increase in migration to the Persian Gulf countries, and at present there are more than three million Indians in Saudi Arabia who get lucrative jobs - there is a noticeable change in the importance of the Saudi Kingdom in India's foreign policy. Apart from the energy and expatriate components, this took on political significance and both parties began to explore other areas such as human resource development, information technology, cultural ties and, above all, military security cooperation.
At the moment, Indo-Saudi relations are striving for strategic cooperation, provided that both countries recognize the problems that hinder development and sensibly assess the opening prospects for relations, not only in the field of energy resources, but also in the field of mutual investments.
The Republic of India and Saudi Arabia are two major powers linked by close relationships over a long period in various fields. Due to its size, location, religious significance, regional influence and global position, Saudi Arabia has taken center stage in India's interests in the Persian Gulf