11. Acknowledging and commending their strong bilateral security cooperation, the two leaders agreed to enhance cooperation in counter­terrorism operations, intelligence sharing and capacity­building and to strengthen cooperation in law enforcement, anti­money laundering, drug­trafficking and other transnational crimes. They welcomed the signing of an MOU on cooperation in exchange of intelligence related to money laundering, related crimes and terrorism financing. The two sides further agreed to take action against illegal transfer of money. 12. Both leaders agreed to promote cooperation in cyber security, including prevention of use of cyber space for terrorism, radicalization and for disturbing social harmony. The two leaders directed their relevant agencies to coordinate efforts to counter radicalization and misuse of religion by groups and countries for inciting hatred, perpetrating and justifying terrorism for pursuing political aims. The two leaders welcomed exchanges and dialogue between religious scholars and intellectuals of both countries and the organization of conferences and seminars to promote values of peace, tolerance, inclusiveness and welfare, inherent in all religions. The Indian Prime Minister lauded the kingdom's efforts in fighting terrorism in terms of thoght, organization and financing and the kingdom's pariticipation in the international efforts of fighting terrorism including its participation in the International Coalition and its initiative in forming the Islamic Military Coalition to Fight Terrorism. 13. Reiterating the significance of regular bilateral interactions in reinforcing the momentum for bilateral cooperation, the leaders noted with satisfaction the increase in high­level exchanges between the two countries in recent years. They underlined the importance of regular exchange of visits, including at the levels of ministers and senior officials. 14. Both leaders appreciated the well­functioning bilateral institutional mechanisms in the field of trade & investment, energy, defence and manpower. They noted that new and potential areas of cooperation identified during the meetings held under these mechanisms had a constructive effect on the expanding bilateral ties and further called for effective implementation of the decisions made under the framework of these mechanisms. 15. The two leaders welcomed the positive outcomes of the 11th session of the Joint Commission Meeting held in New Delhi in May 2015 and its Review Meeting held in Riyadh in December 2015. The two leaders mandated the Saudi-India Joint Commission to continue follow up of the decisions taken at the highest levels for cementing the bilateral strategic partnership. --More 01:36 LOCAL TIME 22:36 GMT www.spa.gov.sa/w