試す - 無料

India-Kuwait: Modernising the agenda for ancient ties

Hindustan Times East UP

|

December 21, 2024

Prime Minister (PM) Narendra Modi's visit to Kuwait from December 21-22, coming 43 years after the last such visit by an Indian PM, marks a major milestone for ties and is set to reinvigorate the deep-rooted friendship between our two countries.

- Ajai Malhotra

India-Kuwait linkages go back to ancient times, with recent excavations showing that connections between the Indian west coast and the Kuwait region pre-date the Indus Valley and Mesopotamian civilisations. Kuwait's strategic position made it a natural trading hub linking India, Mesopotamia and the Mediterranean. Guided by monsoon winds, Kuwaiti dhows navigated the Indian coastline from Gujarat to Kerala, fostering robust commercial ties and interaction with local communities.

India was a major market for Kuwaiti pearls, Arabian horses, and Basra dates, which were traded for our spices, textiles and food products. The emergence of Mikimoto cultured pearls in the 1920s and the Great Depression of 1929 disrupted the natural pearls market while surging oil revenues following the discovery of oil in Kuwait in the 1930s delivered a deadly blow to it.

Reflective of our close commercial ties, the Indian rupee was the official currency in Kuwait till its independence in 1961.

Kuwait has, for many decades, been a major crude oil supplier to India, meeting about 3% of our current energy needs, while Indian companies have provided valuable expertise and services to Kuwait's oil and gas sector.

Nonetheless, our cooperation deserves to go beyond a purely crude oil trading buyer-seller relationship to encompass wider interaction in oil and gas. Indian companies like L&T and Kalpataru Power have been active in securing and successfully completing major energy-related construction contracts in Kuwait.

Hindustan Times East UP からのその他のストーリー

Hindustan Times East UP

India's drug regulation is stuck in a time warp

Earlier this month, at least 20 children died in Madhya Pradesh and Rajasthan after consuming Coldrif cough syrup, which tested positive for diethylene glycol (DEG) —a highly toxic industrial chemical known to cause kidney failure.

time to read

3 mins

October 14, 2025

Hindustan Times East UP

CANADIAN FM DISCUSSES KEY TIES WITH MODI, JAISHANKAR

Canada’s foreign minister Anita Anand met Prime Minister Narendra Modi in New Delhi on Monday, an official statement issued by the Prime Minister's Office (PMO) said.

time to read

1 min

October 14, 2025

Hindustan Times East UP

Trio win Economics Nobel for work on innovation, growth

Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel economics prize for their work on how innovation and the forces of “creative destruction” can drive economic growth, the Royal Swedish Academy of Sciences said on Monday.

time to read

1 min

October 14, 2025

Hindustan Times East UP

Between New Delhi & Kabul, a fine balance

Pragmatism and convergence on Pakistan have replaced ideology and legacy concerns as the main drivers of India-Afghanistan relations

time to read

4 mins

October 14, 2025

Hindustan Times East UP

Hindustan Times East UP

Trump hails end of war as Hamas frees hostages

Hamas freed the last 20 surviving Israeli hostages on Monday under a US-brokered ceasefire deal, a big step towards ending two years of shattering war in Gaza as President Donald Trump urged Israel to turn military success into peace.

time to read

1 min

October 14, 2025

Hindustan Times East UP

CM okays Invest UP restructuring; satellite offices in metros soon

LUCKNOW: Satellite investment promotion offices of Invest UP will come up in Mumbai, Bengaluru, Hyderabad, Chennai, and New Delhi to enable direct engagement with domestic and global investors and ensure more investments in Uttar Pradesh.

time to read

1 min

October 14, 2025

Hindustan Times East UP

The changing ground in Bihar

NDA seat deal makes evident the shift in the power dynamic between the BJP and JD(U)

time to read

2 mins

October 14, 2025

Hindustan Times East UP

Why India does poorly in building large companies

We had in an earlier article (‘Superman entrepreneurs driving the Indian economy’, August 24) described how Superman entrepreneurs (SEs), a force-of-nature kind of entrepreneur, had been driving India's growth by overcoming the odds and creating dynamic companies.

time to read

4 mins

October 14, 2025

Hindustan Times East UP

Charges against Lalu, Tejashwi in IRCTC case

A Delhi court has framed charges under the Prevention of Corruption Act pertaining to criminal conspiracy and cheating against former Railways minister and Rashtriya Janata Dal (RJD) supremo Lalu Prasad in connection with the Indian Railway Catering and Tourism Corporation (IRCTC) hotel corruption case.

time to read

1 min

October 14, 2025

Hindustan Times East UP

In Bihar, the INDIA bloc fights a perception battle

Will it be the National Democratic Alliance (NDA) that will assume office in Patna on November 14, when the Bihar assembly election results are announced? Or will it be the Mahagathbandhan (a phalanx of the larger Opposition alliance, the INDIA bloc, in Bihar)? There's also a third player that is keenly watched — the Jan Suraaj Party, founded by pollster Prashant Kishor, who may emerge as a kingmaker.

time to read

4 mins

October 13, 2025

Listen

Translate

Share

-
+

Change font size