Prime Minister Modi’s Historic Visit to Kuwait: Strengthening India-Kuwait Ties… What have you achieved..?!

Prime Minister Modi’s Historic Visit to Kuwait: Strengthening India-Kuwait Ties

After 43 years, Prime Minister Narendra Modi became the first Indian Prime Minister to visit Kuwait, marking a historic milestone in India-Kuwait relations. This visit not only reinforced the bilateral ties but also highlighted India’s growing partnership with Middle Eastern countries.

Historical Context

• Even before oil was discovered in Kuwait, India and Kuwait shared robust trade relations via sea routes.
• Until 1961, the Indian rupee was the official currency in Kuwait.
• Diplomatic relations between the two nations were formally established in 1961, with India appointing a trade commissioner in Kuwait.

India’s Strategic Focus on the Middle East

A Shift in Foreign Policy

Under Prime Minister Modi’s leadership, India has prioritized building closer ties with Middle Eastern countries.

• The Middle East plays a critical role in meeting India’s energy needs.
• The Gulf region accounts for one-sixth of India’s total trade.

People-to-People Connection

• The significant Indian diaspora in the Gulf region strengthens bilateral relations.
• In Kuwait alone:
  • Over 1 million Indians reside.
  • Indians make up 21% of Kuwait’s total population and 30% of its workforce.

Addressing Challenges

• In June, a devastating fire in Kuwait’s Mangaf area killed over 45 Indian workers. During his visit, PM Modi held discussions to address the welfare of Indian workers abroad.

Economic Cooperation

Bilateral Trade

• In 2023, trade between India and Kuwait was valued at $10.47 billion, primarily dominated by oil and gas exports.
  • Kuwait supplies 3% of India’s oil needs and ranks 4th in LPG exports to India.

Non-Oil Sectors

• Trade is expanding in pharmaceuticals, technology, textiles, and other industries.
• Kuwait has invested $10 billion in India’s infrastructure and technology sectors.

Geopolitical Significance

India’s Rising Influence

• As Pakistan’s global influence declines, Arab nations increasingly view India as a key partner.
• India’s balanced approach in the Israel-Palestine conflict, supporting both sides where necessary, enhances its diplomatic credibility.

Economic Implications

• India’s collaboration with Kuwait is projected to boost its petrochemical industry to $300 billion by next year.

Prime Minister Modi’s Middle East Engagement

PM Modi has made strengthening ties with Arab nations a cornerstone of his foreign policy.

• Visits to the Middle East:
  • United Arab Emirates (7 times).
  • Saudi Arabia and Qatar (2 times each).
  • Oman, Bahrain, and Kuwait (once each).

Conclusion

Prime Minister Modi’s historic visit to Kuwait underscores the importance of India’s relationship with the Middle East.

• The Indian diaspora plays a vital role in fostering stronger connections.
• Kuwait’s partnership will significantly contribute to India’s energy security and economic growth.
• As the global geopolitical landscape evolves, India’s proactive foreign policy ensures its position as a reliable partner in the Gulf region.

Prime Minister Modi’s Historic Visit to Kuwait: Strengthening India-Kuwait Ties… What have you achieved..?!