For India, a US-Saudi Arabia pact and peace between Israel and Iran and Israel and Hamas could mean an opportunity to better harness the region’s potential.
Key initiatives |
Outcome |
Delhi declaration in 2006 |
It was a watershed moment in India – Saudi Arabia relationship. |
Riyadh declaration in 2010 |
It elevated bilateral ties to a strategic relationship. |
Strategic Partnership Council (SPC) Agreement in 2019 |
It established a high-level council to steer the Indo-Saudi relationship. |
IMEC is a massive infrastructure project that would connect India to Europe via West Asia, and could rival China’s Belt and Road Initiative.
US-Saudi mega deal involves US, Saudi Arabia and Israel to support Israel against Hamas and Iran, which could lead to significant shift in Middle East relations.
INSTC is an initiative taken by India, Russia, and Iran, aiming to enhance trade and transport connectivity among countries along its route