{"id":88092,"date":"2019-10-29T16:23:51","date_gmt":"2019-10-29T10:53:51","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=11217"},"modified":"2019-10-29T16:23:51","modified_gmt":"2019-10-29T10:53:51","slug":"india-saudi-arabia-to-sign-strategic-partnership-council-pact","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-saudi-arabia-to-sign-strategic-partnership-council-pact\/","title":{"rendered":"India, Saudi Arabia to sign Strategic Partnership Council pact"},"content":{"rendered":"\n<p><strong>News:<\/strong>India and Saudi Arabia are set to sign an agreement for creating a bilateral strategic partnership council.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About the strategic Council:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The strategic partnership council will be led by Indian Prime minister and Saudi Crown Prince and it will meet every two years.<\/li><li>The council will include multiple sections involving the External Affairs Ministry and NITI Aayog and counterpart organisations from Saudi Arabia.<\/li><\/ul>\n\n\n\n<p><strong>About Future Investment Initiative(FII):<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Indian Prime Minister will also be attending the third session of Future Investment Initiative Forum in Saudi Arabia.<\/li><li>Future Investment Initiative(FII) is an annual investment forum organized by the Public Investment Fund of Saudi Arabia.It was first conducted in 2017.&nbsp;<\/li><li>The first event had announced the launch of a 500 billion USD economic zone in north west of Saudi Arabia.<\/li><\/ul>\n\n\n\n<p><strong>Significance of Saudi Arabia for India:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Saudi Arabia is a key pillar of India\u2019s energy security.Around 17% of crude oil and 32% of LPG requirements of India are imported from Saudi Arabia<\/li><li>The trade between the countries amount to 27.48 billion USD (2017-18). The Indian exports to the country stood at 22.06 billion USD while the imports were 5.41 billion USD.<\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News:India and Saudi Arabia are set to sign an agreement for creating a bilateral strategic partnership council. Facts: About the strategic Council: The strategic partnership council will be led by Indian Prime minister and Saudi Crown Prince and it will meet every two years. The council will include multiple sections involving the External Affairs Ministry&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-saudi-arabia-to-sign-strategic-partnership-council-pact\/\">Continue reading <span class=\"screen-reader-text\">India, Saudi Arabia to sign Strategic Partnership Council pact<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[164],"tags":[5207,5798],"class_list":["post-88092","post","type-post","status-publish","format-standard","hentry","category-international-relations-daily-factly-articles","tag-india-saudi-arabia","tag-strategic-partnership-council","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704785754},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/88092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=88092"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/88092\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=88092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=88092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=88092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}