Your Excellency Prime Minister Saikhanbileg 

Distinguished members of Mongolian delegation,

Members of the media,

I am delighted to visit Mongolia. It is a great honour to be the first Prime Minister of India to do so.

It is a special privilege to come on the occasion of two important milestones that unite us – 25 years of democracy in Mongolia and 60 years of diplomatic relations between our two countries.

I am deeply grateful for your welcome and hospitality that have touched our hearts. You have embraced us with unlimited generosity and warmth of a true friend.

Your Parliament's decision to host me on a Sunday is a remarkable gesture of honour for India.


I could not have started my visit in a better way. It began with a visit to the historic Gandan Monastery, where I handed over a sapling of the Mahabodhi Tree. This is a token of friendship from the people of India.

I am here in respect and appreciation for our timeless kinship. You have called us your spiritual neighbour and third neighbour. We will always fulfil the responsibility that comes with this honour.

Today, Mongolia is also an integral part of India's Act East Policy. The destinies of India and Mongolia are closely linked with the future of Asia Pacific Region. We can work together to help advance peace, stability and prosperity in this region. So, I am also here in commitment to our shared responsibility to our region.

Prime Minister has spoken eloquently about the relationship and our meeting today. I will have the honour to speak about our vision in the Parliament a little later.

I was very pleased with my discussions with Prime Minister today. We have strong convergence of views on bilateral relations and our regional and international partnership.

The agreements that we have just signed speak to the depth of the relationship. These cover economic relations, development partnership, defence and security, and people-to-people contacts.

We will take our economic partnership to a new level. Today, I am pleased to announce that India will provide a Line of Credit of One Billion U.S. dollars to support expansion of Mongolia's economic capacity and infrastructure.

Supporting development of human resources is the best way to secure a nation's development. We reiterated our commitment to continue our efforts in Mongolia. India will increase the ITEC training slots for Mongolia from 150 to 200. We will also establish an India-Mongolia Joint School.
 


Later today I will have the pleasure to lay the foundation stone for the expansion and upgrading of the Atal Bihari Vajpayee Center of Excellence for Information and Communication Technology. I will also visit the National Cancer Centre to gift Bhabhatron II. It is state of art nuclear medicine cancer therapy machine, developed and manufactured in India.

We attach high importance to our security cooperation. We will continue to participate in each other's defence exercises. The agreements today will deepen our cooperation in border security and cyber security. Cooperation between National Security Councils will provide a strategic framework for cooperation. We have also agreed that India will help establish a cyber security centre in Mongolia’s defence and security establishment.

Our trade and investment relations are modest. We recognise that there are physical limitations. But, we agreed that economic growth in our two countries is opening up new opportunities. There is huge potential in civil nuclear sector, mining, healthcare, pharmaceuticals and dairy. We should also explore the possibilities of using digital technology to expand our economic relations.

I conveyed to Prime Minister that we greatly value our international partnership, which is based on our friendship, shared spiritual heritage and democratic values. These also provide solid foundation for our cooperation in our region.

I conveyed India's sincere appreciation for Mongolia's strong support for India's permanent membership of United Nations Security Council.

In a reflection of our commitment to further deepen our relationship, we have decided to upgrade our Comprehensive Partnership to ‘Strategic Partnership’. We also agreed to renew our Treaty of Friendly Relations and Cooperation.

So, at a significant milestone in our relationship, we are starting a new era in our partnership.

I keenly look forward to the rest of my stay in Mongolia. Thank you. 
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Strategic Reset: PM Modi’s Saudi Visit to Deepen India’s Role in West Asia
April 21, 2025

Prime Minister Narendra Modi’s April 22–23, 2025 visit to Saudi Arabia comes at a critical stage — one shaped by shifting global power dynamics and a fast-transforming West Asia.

It is his third visit after landmark trips in 2016 and 2019, and includes the second summit of the Strategic Partnership Council — a mechanism born out of Crown Prince Mohammed bin Salman’s 2019 India visit.

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PM Modi’s visit to Saudi Arabia, 2019

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PM Modi’s visit to Saudi Arabia, 2016

This visit is set to reframe bilateral ties from transactional cooperation to transformative partnership, expected to cement India’s presence in the Gulf as a strategic player, while also offering Saudi Arabia a reliable partner amidst global uncertainties, including oil market volatility and regional security challenges.

Energy: The Basis and Prospect

Strengthening collaboration in the energy sector remains an important aspect of India-Saudi relations. Saudi Arabia ranks as India’s third-largest source of crude oil and LPG, constituting almost 18% of India’s LPG imports. The growth in energy trade in 2023-24 was $25.7 billion.

Both countries appear keen to expand their cooperation beyond the traditional focus on oil trade. Saudi Aramco’s interest in exploring partnerships with Indian companies, such as BPCL and ONGC, reflects a deepening confidence in India’s energy sector and signals a shift toward more strategic, long-term collaboration, including joint investments and co-development initiatives.

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Meeting the Minister of Energy of the Kingdom of Saudi Arabia, 2019.

Furthermore, the visit is expected to lead to the conclusion of new MoUs, including in the area of green hydrogen — a development that aligns with India’s clean energy ambitions and Saudi Arabia’s Vision 2030 strategy for economic diversification. These initiatives hold the potential to enhance India’s long-term energy security while supporting Saudi Arabia’s efforts to adapt to evolving global energy dynamics and maintain a strong position in international markets.

IMEC: A Corridor of Connectivity and Influence

Perhaps the most geopolitically significant agenda item is the India-Middle East-Europe Economic Corridor (IMEC). Launched at the G20 Summit in New Delhi in 2023, IMEC envisions a seamless multi-modal transport and trade corridor connecting India to Europe via the Middle East. Saudi Arabia, occupying the central railroad leg of this route, holds the key to its implementation.

The Saudi segment is still the longest corridor and most neglected segment. It is anticipated that PM Modi’s visit will pave the way for a forward-thinking roadmap. The promise of IMEC is that it will provide a key alternative to trade routes like the Suez Canal by improving resilience and reducing reliance on traditional maritime routes. IMEC links Indian Ports (Mundra, Kandla, and JNPT) with UAE and Saudi Ports (Fujairah, Khalifa, Dammam, and Ras Al Khair), which are resilient and secure against traditional choke points like the Suez Canal.

IMEC aligns well with Saudi Arabia’s vision of emerging as a key logistical hub between the East and West. For India, it complements the Act West policy by enhancing connectivity to Europe and Africa through reliable and secure trade routes. The corridor also promotes regional transparency, fosters multilateral cooperation, and supports sustainable infrastructure development, offering a complementary and balanced alternative within the evolving global connectivity landscape.

Economic and Investment Outlook

As always, trade and investment will also take center stage in terms of dialogue. From joint military exercises, such as Al Mohed Al Hindi, to significant defense exports — including a $300 million artillery ammunition deal in 2024 — the relationship is moving toward deeper institutional engagement. The upcoming talks are expected to cover areas such as intelligence sharing, joint training programs, and co-production of defense equipment.

Against the backdrop of challenging global economic conditions and Saudi Arabia’s ongoing efforts to diversify beyond an oil-dependent framework, India presents a promising destination for long-term, strategic investment. By working together to facilitate a more enabling investment environment, both nations can unlock mutually beneficial opportunities that support sustained economic growth, foster innovation, and enhance industrial collaboration.


Shared Stakes in a Shifting Geopolitical Landscape

Finally, the visit carries wider strategic significance amid an evolving regional landscape marked by shifting diplomatic dynamics. Saudi Arabia’s engagement with Iran, facilitated in part by China and acknowledged by the United States, reflects a broader effort to recalibrate longstanding regional relationships. As countries such as Saudi Arabia, Qatar, and Kuwait take a more autonomous stance in shaping their foreign policy priorities, India’s balanced and constructive approach enables it to engage across the spectrum. This reinforces its image as a credible and responsible partner committed to regional stability and dialogue.

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PM’s roundtable interaction with Saudi Business Leaders, 2016.

Prime Minister Modi’s visit to Saudi Arabia symbolizes far more than a routine diplomatic engagement — it reflects a recalibration of India’s foreign policy towards deeper integration with West Asia’s evolving political and economic ecosystem. Hence, Saudi Arabia is vital for India’s strategic outreach in the Middle East, offering access to key regional dynamics. In return, India serves as a stable, dependable partner for Saudi Arabia, especially amid economic diversification and regional shifts in a changing global landscape.

The essence of the visit is a departure from routine diplomatic activity; it marks an operational shift in India’s foreign policy towards deeper integration in the political and economic dynamics of West Asia. As the two leaders convene, they are not just strengthening bilateral ties — they are scripting a new chapter in India’s global rise and Saudi Arabia’s regional transformation.