India and Saudi Arabia Strengthen Energy Cooperation and Green Initiatives
Key Ideas
- India and Saudi Arabia agreed to enhance stability in global oil markets and cooperate in the energy sector, including green and clean hydrogen technologies.
- Both countries emphasized the importance of developing supply chains, promoting energy efficiency, and supporting circular carbon economy initiatives.
- The joint statement highlighted cooperation in technology, such as artificial intelligence and cybersecurity, and the signing of a memorandum of understanding in the digital sector.
- India and Saudi Arabia also pledged to strengthen ties in tourism, media, entertainment, and sports, leveraging their strong people-to-people connections.
During Prime Minister Narendra Modi's visit to Saudi Arabia, India and Saudi Arabia released a joint statement emphasizing their commitment to enhancing stability in global oil markets and collaborating in the energy sector. Both countries agreed to work on green and clean hydrogen technologies, supply chain development, energy efficiency, and circular carbon economy initiatives. They also expressed support for each other's green initiatives and efforts in combating climate change. Additionally, the statement highlighted cooperation in technology domains like artificial intelligence and cybersecurity, with the signing of an MOU in the digital sector. India and Saudi Arabia also discussed strengthening ties in tourism, media, entertainment, and sports, focusing on capacity building and sustainable tourism practices, leveraging their deep people-to-people connections.
Topics
India
Technology Cooperation
Green Initiatives
Energy Cooperation
Tourism
Media
Entertainment
Sports
Digital Governance
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