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Strategic Partnership Council

Strategic Partnership Council:

Prime Minister Narendra Modi and Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) recently chaired the first meeting of the India-Saudi Arabia Strategic Partnership Council (SPC).

  • Strategic Partnership Council established in 2019, aims to enhance the relationship between the two countries and has two main pillars: the Committee on Political, Security, Social, and Cultural Cooperation and the Committee on Economy and Investments.
  • These committees have four levels of engagement, including summit-level meetings, ministerial-level discussions, senior officials’ meetings, and joint working groups.
  • During their recent meeting, India and Saudi Arabia agreed to expedite the $50-billion West Coast refinery project and identified areas such as energy, defence, semiconductor, and space for intensified cooperation.
  • West Coast Refinery Project aims to set up Asia’s largest refinery in Ratnagiri, Maharashtra.
  • It is a trilateral project between ARAMCO (Saudi), ADNOC (UAE) and Indian companies.