India-Saudi Arabia ties: beyond oil diplomacy

Maini, Tridivesh Singh and Vaid, Manish (2016) India-Saudi Arabia ties: beyond oil diplomacy. Academic Journal of the Budapest Business School, 1 (3). pp. 5-20. ISSN 2498-7174

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The bilateral relationship between India and Saudi Arabia was restricted whom India gets substantial remittances, which in 2015 was recorded nearly $11 billion, a new low after Indian expatriates were hit hard due to fall in global crude oil prices (Chaudhary, 2016). Both India and Saudi Arabia have begun to look beyond the oil business for a solution. A solution that could work as a catalyst to create a sustainable relationship for both the countries amidst the current economic situation and internal reforms taking place within Saudi Arabia. This paper shall discuss the economic-active outreach towards the Middle East.

Item Type: Article
Keywords: Diplomacy | Saudi Arabia | India | Oil business
Subjects: Social Sciences and humanities > Economics, Econometrics and Finance > Economics
Social Sciences and humanities > Social Sciences > International Relations
Social Sciences and humanities > Social Sciences > Political Science
JGU School/Centre: Jindal School of International Affairs
Depositing User: Arjun Dinesh
Date Deposited: 09 Jun 2022 18:13
Last Modified: 13 Jun 2022 04:32


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