In a significant move that underscores the evolving geopolitical landscape, Indian Prime Minister Narendra Modi is set to visit Saudi Arabia this Tuesday. This marks Modi's third trip to the kingdom since he took office in 2016, highlighting the deepening ties between India and Saudi Arabia. The relationship is particularly vital as Saudi Arabia stands as one of India's major energy suppliers, a key buyer of various goods, and an important source of remittances from Indian workers residing in the kingdom.

During his visit, Prime Minister Modi will engage in discussions with Crown Prince Mohammed bin Salman in Jeddah. The agenda for their meeting is extensive and crucial, focusing on energy and food security, which are increasingly pressing issues in light of global supply chain challenges. Furthermore, the leaders will explore advancements on a significant trade connectivity initiative known as the India-Middle East-Europe Economic Corridor. This ambitious plan, which aims to bolster trade routes across regions, originally received backing from the Biden administration and is seen as a pivotal step towards enhancing economic cooperation.

Saudi Arabia's commitment to strengthening its relationship with India is evident through its announcement earlier this year of a staggering $100 billion investment in the Indian economy. This investment is particularly noteworthy given that Saudi Arabia was India's second-largest trading partner in the previous year, with a total trade volume reaching $43 billion. A significant portion of this trade, over half, was related to oil and gas, which remains a cornerstone of the economic partnership.

In a separate development that signals a broader strategy to expand its influence in Asia, the Abu Dhabi National Oil Company (ADNOC) has recently opened a sales and marketing office in Beijing. This move is accompanied by a liquefied natural gas (LNG) supply agreement with China, one of the world's largest energy consumers. Such actions reflect ADNOC's intent to solidify its standing in the vital Chinese market, which is crucial for energy producers looking to maintain a competitive edge in an increasingly dynamic global economy.