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Monday, June 27, 2011

India Gets Close to Saudi Arabia

India Gets Close to Saudi Arabia

At a time when the Saudis are, with an eye on Iran, wooing India like never before, the traditionally warm relations between Pakistan and Saudi Arabia are going through a rough patch. On June 6, Saudi Arabia agreed to double its crude oil exports to India, meaning Indian crude imports from the kingdom would amount to more than 800,000 barrels per day. This is the first big step towards a strategic energy partnership between New Delhi and Riyadh, something that the two sides have been working on since the beginning of last year. This strategic energy partnership could culminate in a 30-year oil supply contract that Saudi Arabia is expected to sign with India. It would also mark a further step along the path of improved ties since India-Saudi Arabia relations were transformed following the 2006 state visit to India by King Abdullah Bin Abdul Aziz Al-Saud. Post-Osama bin Laden, Pakistan’s credibility with the United States has touched rock bottom. But the country’s ties with Saudi Arabia ... Read More...

1 comment:

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