Prime Minister Narendra Modi visited Kuwait on December 21-22, the first Indian Prime Minister to do so in 43 years. PM Modi Visit to Kuwait is significant in India’s relations with Gulf countries, especially in energy and oil cooperation.
Indian community is the largest expatriate group in Kuwait.
India and Kuwait
Kuwait is among India’s top trading partners, with bilateral trade valued at USD 10.47 billion in FY 2023-24. It is India’s 6th largest crude supplier, meeting 3% of the country’s energy needs. Indian exports to Kuwait reached USD 2 billion for the first time, while investments by the Kuwait Investment Authority in India exceed USD 10 billion.
India and Kuwait have institutionalised their cooperation through mechanisms such as the Joint Commission for Cooperation (JCC) that was established during the visit of Kuwaiti Foreign Minister to India in December 2024, which is headed at the Foreign Minister level, seven new Joint Working Groups (JWGs) have been established in the areas of trade, investment, education, technology, agriculture, security, and culture.
Kuwait remains a reliable energy partner, ranking as India’s 6th largest supplier of crude oil and 4th largest of LPG.
Which of the following is not a member of ‘Gulf Cooperation Council’? (2016)
(a) Iran
(b) Saudi Arabia
(c) Oman
(d) Kuwait
Which of the following is not a member of ‘Gulf Cooperation Council’? (2016)
(a) Iran
(b) Saudi Arabia
(c) Oman
(d) Kuwait
