Riyadh/Bernama-- India and Saudi Arabia have vowed to jointly combat terrorism and money laundering as they signed an Extradition Treaty and several agreements to raise their cooperation to a strategic partnership covering security, economic, energy and defense areas, Press Trust of India (PTI) reported. Indian Prime Minister Manmohan Singh and Saudi King Abdullah who held wide-ranging discussions on Sunday, signed the Riyadh Declaration outlining the contours of a new era of strategic partnership between the two countries. King Abdullah received the Indian Prime Minister and participated in the whole welcome ceremony, a rare honor bestowed on visiting dignitaries. Both sides emphasized the importance of strengthening the strategic energy partnership in line with the Delhi Declaration of 2006. The two leaders condemned terrorism and violence affirming that it is global and threatens all societies and is not linked to any race, color and belief. Both sides agreed to enhance cooperation in exchange of information relating to terrorist activities, money laundering, narcotics, arms and human trafficking, and develop joint strategies to combat these threats. They supported the efforts of the Afghan people to achieve stability and security, protected from exploitation by the terrorist organizations.