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    Home»World»1961 Rupee Legacy: How India-Kuwait Built Unbreakable Bonds

    1961 Rupee Legacy: How India-Kuwait Built Unbreakable Bonds

    World January 17, 20261 Min Read
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    1961 Rupee Legacy: How India-Kuwait Built Unbreakable Bonds
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    Did you know the Indian Rupee was Kuwait’s legal tender until 1961? This quirky fact underscores the deep historical interconnections between India and the oil-rich Gulf nation of 5 million residents and modest 17,818 sq km footprint.

    Post-independence diplomacy in 1961 set the stage for a relationship grounded in respect for sovereignty and regional harmony. India promotes Gulf peace, and Kuwait reciprocates with solidarity on global issues.

    Bilateral mechanisms—ministerial talks, consultations, and leader exchanges—ensure vibrancy. The spotlight fell on PM Modi’s December 2024 visit, ending a 43-year PM drought since Indira Gandhi’s era.

    Commerce evolved from pre-oil trades in dates and horses to today’s energy-driven exchanges. Kuwait stood by India in 1962 against China, though 1990’s Gulf War strained ties temporarily.

    A million-plus Indian expatriates anchor Kuwait’s economy in health, infra, IT, and services. Key imports from Kuwait include oil, petrochemicals, and sulfur; exports feature rice, pharma, textiles, and tech services.

    Recent strides under Modi emphasize strategic trust, with scopes in defense, clean energy, and investments. This partnership exemplifies how history, people, and pragmatism forge enduring alliances.

    Energy security India GCC partnership India India Gulf ties India Kuwait relations India Kuwait trade Indian Rupee in Kuwait Kuwait Indian diaspora PM Modi Kuwait visit
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