India and Saudi Arabia ‘partners in post-pandemic world,’ says envoy to Riyadh

Royal cenotaphs in Jaipur, India. (Shutterstock)
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Updated 17 November 2020
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India and Saudi Arabia ‘partners in post-pandemic world,’ says envoy to Riyadh

  • Kingdom’s ‘shining example’ shows people’s welfare is top priority, Indian envoy says

RIYADH: With the G20 2020 presidency Saudi Arabia has demonstrated that the health and welfare of the people is a top priority, and has undertaken all necessary steps to control the spread of the coronavirus, according to Indian Ambassador to the Kingdom Ausaf Sayeed.

In an interview with Arab News the envoy said: “The conduct of a very successful Hajj under extraordinary circumstances, bearing in mind all the health protocols, was a shining example of this.”

On managing the G20 amid the pandemic, he said: “The swift decision to organise a virtual summit in March 2020, when the dangers of the pandemic were just beginning to emerge globally, is evidence of the fact that the Kingdom handled the situation admirably.

“While the world would have hoped for a summit which would have brought all the leaders together in one place and experience the generous hospitality of the Kingdom, the decision to hold the summit virtually, bearing in mind the dangers of the pandemic that continue to linger, is well appreciated,” Sayeed added.

On shouldering the responsibility to help the world move forward and the importance of the summit in Riyadh, the Indian envoy said: “Given the uncertainty caused by the pandemic, the role of the G20 has increased manifold. 

The health, economic and social impact globally of COVID-19 needs coordinated efforts towards solutions that a platform like the G20, which includes two-thirds of the world’s population and 85 percent of the global economy, is well suited to deliver.” 

The economic impact of the pandemic on all affected countries has exposed the challenges that we continue to face in terms of poverty and inequality, he said. As we have seen, the pandemic knows no national boundaries, and has affected the poorest the most. Apart from the tragic loss of lives, there has been an economic slowdown that has severely affected the livelihoods of the most vulnerable.

The expectation from the Riyadh G20 presidency, held under the theme “Realizing Opportunities of the 21st Century for All,” is that a consensus will be built around the steps that the world, led by the G20 countries, will take to transition towards economic recovery that will help people regain lost livelihoods and provide the healing touch to those most severely affected by the pandemic, he explained. 

It can also build systems and strategies that will better prepare the world for the challenges of the future.

On the hosting of the G20 Summit in Riyadh — the first time by an Arab country — the envoy said: “Saudi Arabia being the largest economy in one of the most important geopolitical regions of the world, it is only fitting that the G20 Summit is being hosted by the Kingdom at this critical moment.” 

Apart from being one of the world’s foremost producers and exporters of energy, Saudi Arabia is transforming rapidly under the Vision 2030 through diversification of its economy and development of a vibrant society under the wise and able leadership of King Salman and Crown Prince Mohammed bin Salman. 




Indian Ambassador to Saudi Arabia Ausaf Sayeed.

“The G20 presidency during these challenging times is yet another testimony to the significant leadership role that the Kingdom has played and will continue to play in dealing with the most pressing issues that matter to the entire world,” the envoy said.

He went on to say that India shares an excellent history of relations with Saudi Arabia, and the two countries have seen many high-level visits in recent years that have progressively transformed the bilateral relationship into a strategic partnership.

On the economic front, Saudi Arabia is India’s fourth-largest trading partner and supplies around 18 percent of India’s crude oil requirement and 30 percent of its LPG needs, he said.

There is even greater scope to increase trade and investments between the two countries, he added. There are several sectors in which India and Saudi Arabia can work closely in the post-pandemic world.

In the virtual summit in March, Prime Minister Narendra Modi elaborated on India’s role in forging a collaborated response against COVID-19, he added.

Thanks to its leadership in medical research and pharmaceuticals, India is playing its part in the global fight against the pandemic, as a “pharmacy to the world,” delivering medicines and equipment to countries that need them the most. It is also at the forefront of vaccine development, he added.

As an important member of the G20 and as a developing country with one-sixth of the global population, India’s focus is on ensuring growth through the development of fair and equitable systems and frameworks.

Sayeed said: “The G20 provides an important platform for both India and Saudi Arabia to work even more closely on various issues, with particular focus on those that concern developing countries the most.”

“This is particularly significant as India is set to assume the G20 presidency in 2022, the 75th year of its independence, and continue to take forward the agenda of global cooperation,” he added.


First EU–Saudi roundtable on critical raw materials reflects shared policy commitment

Updated 16 January 2026
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First EU–Saudi roundtable on critical raw materials reflects shared policy commitment

RIYADH: The EU–Saudi Arabia Business and Investment Dialogue on Advancing Critical Raw Materials Value Chains, held in Riyadh as part of the Future Minerals Forum, brought together senior policymakers, industry leaders, and investors to advance strategic cooperation across critical raw materials value chains.

Organized under a Team Europe approach by the EU–GCC Cooperation on Green Transition Project, in coordination with the EU Delegation to Saudi Arabia, the European Chamber of Commerce in the Kingdom and in close cooperation with FMF, the dialogue provided a high-level platform to explore European actions under the EU Critical Raw Materials Act and ResourceEU alongside the Kingdom’s aspirations for minerals, industrial, and investment priorities.

This is in line with Saudi Vision 2030 and broader regional ambitions across the GCC, MENA, and Africa.

ResourceEU is the EU’s new strategic action plan, launched in late 2025, to secure a reliable supply of critical raw materials like lithium, rare earths, and cobalt, reducing dependency on single suppliers, such as China, by boosting domestic extraction, processing, recycling, stockpiling, and strategic partnerships with resource-rich nations.

The first ever EU–Saudi roundtable on critical raw materials was opened by the bloc’s Ambassador to the Kingdom, Christophe Farnaud, together with Saudi Deputy Minister for Mining Development Turki Al-Babtain, turning policy alignment into concrete cooperation.

Farnaud underlined the central role of international cooperation in the implementation of the EU’s critical raw materials policy framework.

“As the European Union advances the implementation of its Critical Raw Materials policy, international cooperation is indispensable to building secure, diversified, and sustainable value chains. Saudi Arabia is a key partner in this effort. This dialogue reflects our shared commitment to translate policy alignment into concrete business and investment cooperation that supports the green and digital transitions,” said the ambassador.

Discussions focused on strengthening resilient, diversified, and responsible CRM supply chains that are essential to the green and digital transitions.

Participants explored concrete opportunities for EU–Saudi cooperation across the full value chain, including exploration, mining, and processing and refining, as well as recycling, downstream manufacturing, and the mobilization of private investment and sustainable finance, underpinned by high environmental, social, and governance standards.

From the Saudi side, the dialogue was framed as a key contribution to the Kingdom’s industrial transformation and long-term economic diversification agenda under Vision 2030, with a strong focus on responsible resource development and global market integration.

“Developing globally competitive mineral hubs and sustainable value chains is a central pillar of Saudi Vision 2030 and the Kingdom’s industrial transformation. Our engagement with the European Union through this dialogue to strengthen upstream and downstream integration, attract high-quality investment, and advance responsible mining and processing. Enhanced cooperation with the EU, capitalizing on the demand dynamics of the EU Critical Raw Materials Act, will be key to delivering long-term value for both sides,” said Al-Babtain.

Valere Moutarlier, deputy director-general for European industry decarbonization, and directorate-general for the internal market, industry, entrepreneurship and SMEs at European Commission, said the EU Critical Raw Materials Act and ResourceEU provided a clear framework to strengthen Europe’s resilience while deepening its cooperation with international partners.

“Cooperation with Saudi Arabia is essential to advancing secure, sustainable, and diversified critical raw materials value chains. Dialogues such as this play a key role in translating policy ambitions into concrete industrial and investment cooperation,” she added.