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$16.99 (as of December 11, 2024 14:24 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)Who Knows If Modi is really Cursed This is the reason that he is attracting issues with the neighboring and friends one by one. Honestly speaking some of these came to India automatically neither Modi administration has any role or wishes for these. Below we have figured out the reasons behind this newest issue between India and Saudi Arabia. We would like to remind our readers that India and Saudia have strong ties.
India has complained to the Saudi government about Indian-administered Kashmir being shown as a separate border unit on a world map printed on the back of a recently issued 20 riyal note in Saudi Arabia.
According to a report by the French news agency AFP, the Indian Foreign Office in New Delhi has announced a new currency of 20 riyals from Saudi Arabia in celebration of its presidency of the G20. Concerned neo-hippies and their global warming, I’ll tell ya.
Previous Reaction of India Government
The Indian government last week protested the inclusion of Ladakh as part of China in geo-tagging data on the social media site Twitter.
Three years ago, a new law was enacted in India that made it a punishable offense to show a part of the country by mistake, under which a criminal could be sentenced to three years in prison.
New Delhi shut down Al Jazeera for a week in 2015 because a map on Al Jazeera showed Kashmir as separate from India.
Ever since Narendra Modi came to power, India’s relations with the Gulf countries have clearly strengthened.
Indias Effort to Improve the Ties with Saudia
In the last five years, India and Saudi Arabia have come closer and in 2016, they were warmly welcomed by Narendra Modi’s visit to Riyadh. Crown Prince Muhammad bin Salman also paid a two-day visit to India on February 19 and 20, which further improved relations.
A quarter of India’s crude oil imports come from Saudi Arabia, and India spent 87 87 billion on it in 2018-2019.
Saudi Arabia is India’s fourth largest trading ally after the United States, China and the United Arab Emirates. However, some experts believe that the relationship is far apart despite the closeness.
Relations between India and Saudi Arabia are not as extensive as those between Pakistan and Saudi Arabia. Saudi Arabia does not want to lose Pakistan and has increased its military aid to Pakistan in difficult times. Riyadh, on the other hand, does not know whether India will provide it with security and military assistance.
Traditionally, Saudi-Pakistani relations have been as strong as a rock, and this is due to mutual trust. In the case of Kashmir and Afghanistan, Saudi Arabia is leaning towards Pakistan
However, in recent years, Saudi Arabia has recognized India’s growing power in the world.
Trade between the two countries reached 27 billion last year and is estimated to reach 49 49 billion next year.
But if the trade balance is against India, it is a matter of concern for its government.
It would not have been so important if Saudi Arabia had invested 70 billion in India as promised during the visit of then Prime Minister Manmohan Singh to Riyadh in 2010.
But only one-third of the 1 billion invested, while India’s investment in Saudi Arabia is more than 1 billion.
Saudi Arabia is not interested in India because it is we who want things from them. Whether it’s oil, jobs for our workers there, or Saudi investment. And as far as India is concerned, Saudi Arabia is not as strategic as China, Pakistan, and the United States.
It is no secret that India’s emerging economy needs huge foreign investment. Saudi Arabia has 1 trillion in investment funds. It needs to diversify its investment, India has a huge market.
Logic says that if the relationship between the two is deep, they can be beneficial to each other. But Saudi Arabia has so far not given much importance to India for investment.
Whether it is Pakistan or India, Maldives, or Egypt or Sudan, Saudi Arabia has made all the investment promises but only 10 to 15 percent of them have been fulfilled. This is because oil prices did not reach Saudi Arabia’s projected price of 78 US Dollarsa barrel and cost the war in Yemen.
What is the role of Saudi Arabia?
Investment by just one country will not solve India’s immediate economic problems, but it is also true that better trade relations with Saudi Arabia will make a difference.
The global economy has weakened considerably. India’s investment expectations from Western countries are not being met. There are hopes from Japan and South Korea as they have good relations with India and have significant investment plans in India. A large part of it has reached India.
India is set to build a trade corridor between the north and the south, along with plans for smart cities and industrial cities. Saudi Arabia also has a significant role in all these projects. On the other hand, oil coming to India from Iran has been stopped and therefore India has to take oil from Saudi Arabia and Iraq.
How much India depends
India and Saudi Arabia have become increasingly dependent on each other. That is why Saudi Arabia, which once fully supported Pakistan, is now moving closer to India. Another reason is its 2008 Look East policy.
Nevertheless, it is true that Saudi Arabia has close ties with Pakistan in many areas. Pakistan and Saudi Arabia have very close ties.
However, there is some tension between the two because Saudi Arabia thought that Pakistan would openly support Iran and play a major role in the ongoing war in Yemen, but this did not happen.
In today’s world, economic interests have become more important than political ones. India’s economy of about two and a half trillion is growing and Saudi Arabia wants to take advantage of it.
Extremism will also be an important topic in the India-Saudi talks. India wants an international conference on extremism to be planned by all countries together. So far there has been a lot of cooperation between Saudi Arabia and India in this regard. Saudi Arabia has not refused India’s request to extradite a wanted person.
The Saudis are trying to figure out how deep their relationship with India should be.
India-Saudi relations