India, Kuwait Forge Strategic Partnership to Deepen Ties
23 Dec 2024
2 Min Read
CW Team
Prime Minister Narendra Modi concluded his first official visit to Kuwait, strengthening bilateral ties by upgrading the relationship to a 鈥淪trategic Partnership.鈥� The landmark visit aimed to bolster cooperation in trade, defence, energy, and cultural ties.
PM Modi, who attended the opening ceremony of the 26th Arabian Gulf Cup as the Guest of Honour, was invited by His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait. During the visit, the Amir conferred on Modi Kuwait鈥檚 highest civilian honour, The Order of Mubarak Al Kabeer.
At Bayan Palace, Modi held discussions with Kuwait鈥檚 top leadership, including the Amir, Crown Prince Sheikh Sabah Al-Khaled Al-Sabah, and Prime Minister Sheikh Ahmad Abdullah Al-Sabah. Key agreements were signed to expand cooperation in defence, culture, and sports while addressing regional and global challenges such as counter-terrorism and UN reforms.
Defence, Energy, and Trade Agreements
An MoU in defence was signed to facilitate joint military exercises, training, and defence technology development. Energy cooperation took center stage as the nations agreed to move beyond the buyer-seller dynamic, exploring collaborations in oil, gas, and renewable energy. Kuwait also expressed interest in India鈥檚 Strategic Petroleum Reserve Programme.
On the trade front, both sides committed to expediting negotiations on the Bilateral Investment Treaty. India welcomed Kuwait鈥檚 interest in investing in infrastructure and food parks, while both nations pledged to diversify trade beyond hydrocarbons. Regular high-level meetings will sustain the momentum of this partnership.
Cultural and Labour Mobility Agreements
Recognizing the role of the 1 million-strong Indian community in Kuwait, agreements were signed for a Cultural Exchange Programme (2025-2029) and a sports cooperation programme. Both nations emphasized enhancing labour mobility and cultural linkages.
Strengthening India-GCC Ties
As the current Chair of the Gulf Cooperation Council (GCC), Kuwait pledged support for India鈥檚 engagement with the bloc. Talks included expediting the India-GCC Free Trade Agreement to boost regional trade.
The visit marks a milestone in India-Kuwait relations, setting the stage for deeper cooperation across multiple sectors. PM Modi invited Kuwait鈥檚 leadership for a reciprocal visit, expressing optimism for a stronger partnership in the coming years.
Prime Minister Narendra Modi concluded his first official visit to Kuwait, strengthening bilateral ties by upgrading the relationship to a 鈥淪trategic Partnership.鈥� The landmark visit aimed to bolster cooperation in trade, defence, energy, and cultural ties.
PM Modi, who attended the opening ceremony of the 26th Arabian Gulf Cup as the Guest of Honour, was invited by His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait. During the visit, the Amir conferred on Modi Kuwait鈥檚 highest civilian honour, The Order of Mubarak Al Kabeer.
At Bayan Palace, Modi held discussions with Kuwait鈥檚 top leadership, including the Amir, Crown Prince Sheikh Sabah Al-Khaled Al-Sabah, and Prime Minister Sheikh Ahmad Abdullah Al-Sabah. Key agreements were signed to expand cooperation in defence, culture, and sports while addressing regional and global challenges such as counter-terrorism and UN reforms.
Defence, Energy, and Trade Agreements
An MoU in defence was signed to facilitate joint military exercises, training, and defence technology development. Energy cooperation took center stage as the nations agreed to move beyond the buyer-seller dynamic, exploring collaborations in oil, gas, and renewable energy. Kuwait also expressed interest in India鈥檚 Strategic Petroleum Reserve Programme.
On the trade front, both sides committed to expediting negotiations on the Bilateral Investment Treaty. India welcomed Kuwait鈥檚 interest in investing in infrastructure and food parks, while both nations pledged to diversify trade beyond hydrocarbons. Regular high-level meetings will sustain the momentum of this partnership.
Cultural and Labour Mobility Agreements
Recognizing the role of the 1 million-strong Indian community in Kuwait, agreements were signed for a Cultural Exchange Programme (2025-2029) and a sports cooperation programme. Both nations emphasized enhancing labour mobility and cultural linkages.
Strengthening India-GCC Ties
As the current Chair of the Gulf Cooperation Council (GCC), Kuwait pledged support for India鈥檚 engagement with the bloc. Talks included expediting the India-GCC Free Trade Agreement to boost regional trade.
The visit marks a milestone in India-Kuwait relations, setting the stage for deeper cooperation across multiple sectors. PM Modi invited Kuwait鈥檚 leadership for a reciprocal visit, expressing optimism for a stronger partnership in the coming years.
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..