Qatari Minister: Iran-US Deal Encompasses Establishment of Banking Channel

Qatari Foreign Minister Mohammed Al Khulaifi meets his Iranian counterpart in Tehran. (Iranian Foreign Ministry)
Qatari Foreign Minister Mohammed Al Khulaifi meets his Iranian counterpart in Tehran. (Iranian Foreign Ministry)
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Qatari Minister: Iran-US Deal Encompasses Establishment of Banking Channel

Qatari Foreign Minister Mohammed Al Khulaifi meets his Iranian counterpart in Tehran. (Iranian Foreign Ministry)
Qatari Foreign Minister Mohammed Al Khulaifi meets his Iranian counterpart in Tehran. (Iranian Foreign Ministry)

Qatari Foreign Minister Mohammed Al Khulaifi stated on Friday that the ongoing negotiations between the US and Iran regarding a prisoner exchange and the release of frozen Iranian funds include the establishment of a banking channel.

According to Al Khulaifi, the banking channel would address several agreed-upon matters among the parties, without specifying the nature of these issues.

As part of the anticipated agreement, Tehran has relocated five of the detained US nationals from a specialized section within the Revolutionary Guards’ prison in Evin to a hotel under house arrest.

This marks the initial step in the agreement. Iranian officials have stipulated that the transfer of frozen Iranian assets in South Korea to foreign bank accounts is a prerequisite for the release of the detainees.

In press statements, Al Khulaifi clarified that the agreement was preceded by intensive visits by Qatari officials to both Washington and Tehran.

He emphasized that Doha has played a “central and fundamental role” in facilitating negotiations and dialogue between the two parties.

Furthermore, Al Khulaifi expressed optimism that this move would be followed by further steps towards reconciliation, affirming that his country will spare no effort in making additional endeavors to bridge the perspectives between the parties.

The Qatari official stated his hope that the Washington-Tehran agreement would lead to broader understandings, including a return to the "nuclear deal."

Al Khulaifi delivered a written message to Tehran, presenting it to both Iranian Foreign Minister Hossein Amir-Abdollahian and Secretary-General of the Supreme National Security Council Ali Ahmadian on July 23.

He engaged in discussions with Iran’s Deputy Foreign Minister and Chief Nuclear Negotiator Ali Baqeri Kani.

Qatar hosted the most recent round of talks between Kani and the European Coordinator for Nuclear Negotiations, Enrique Mora, on June 21.



Saudi Arabia, Bureau International des Expositions Sign 'SEE Agreement'

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah signs the agreement. (SPA)
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah signs the agreement. (SPA)
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Saudi Arabia, Bureau International des Expositions Sign 'SEE Agreement'

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah signs the agreement. (SPA)
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah signs the agreement. (SPA)

Saudi Arabia and the Bureau International des Expositions (BIE) signed the "SEE Agreement" to establish the legal and administrative framework governing the participation of countries and international organizations in Expo 2030 Riyadh. The agreement provides participants with the necessary support throughout the various stages of preparation.

The signing ceremony took place on the sidelines of the visit of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, to France, reported the Saudi Press Agency on Tuesday.

The agreement was signed by Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and BIE Secretary General Dimitri Kerkentzes, in the presence of CEO of Expo 2030 Riyadh Talal Al-Marri.

The agreement provides countries and international organizations with a clear framework for their participation in Expo 2030 Riyadh. It covers the various stages of design, construction, and operation and reflects the expo's commitment to strengthening international cooperation and partnerships. It also provides participants with the support and coordination needed to proceed with their preparations with confidence.

The agreement regulates practical aspects related to the participation of countries, international organizations, and their teams. These include travel and visa arrangements, tax and customs facilitation, mobility services, and technical and administrative requirements.

The framework will help streamline procedures and reduce the administrative burden on participants. It aims to facilitate the effective participation of countries and international organizations and ensure a smoother, more efficient experience before and throughout Expo 2030 Riyadh.


Saudi Arabia Stresses Support for Diplomatic Solutions to Conflicts

Custodian of the Two Holy Mosques King Salman bin Abdulaziz chairs a cabinet session in Jeddah (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz chairs a cabinet session in Jeddah (SPA)
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Saudi Arabia Stresses Support for Diplomatic Solutions to Conflicts

Custodian of the Two Holy Mosques King Salman bin Abdulaziz chairs a cabinet session in Jeddah (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz chairs a cabinet session in Jeddah (SPA)

The Saudi Cabinet stressed on Tuesday its support for comprehensive diplomatic solutions to conflicts and safeguarding the freedom of maritime navigation.

The Cabinet, which was chaired by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud in Jeddah, stressed the need to keep the straits of Hormuz and Bab al-Mandab, as well as all vital waterways, open, secure, and free from any threats.

The Cabinet praised the state visit of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, to Paris, as well as his talks with French President Emmanuel Macron.

The meeting reaffirmed the strength of the longstanding relations between the two countries, their shared desire to deepen strategic cooperation across various fields, and continued coordination and consultation based on a common vision.

This vision aims to promote stability in the region and the world by safeguarding state sovereignty, respecting international law, prioritizing political and diplomatic solutions to conflicts, and addressing security threats.

The Cabinet also welcomed the outcomes of the inaugural meeting of the Saudi-French Strategic Partnership Council, co-chaired by the Crown Prince and the French president, which saw the launch of new initiatives, agreements, and memoranda of understanding in defense, healthcare, artificial intelligence and emerging technologies, as well as entertainment.

It also welcomed the results of the French-Saudi Investment Roundtable Meeting, which included the announcement of 21 agreements and memoranda of understanding, contributing to the development of the economic partnership between the two countries and opening new horizons for cooperation and joint investment amid growing bilateral ties and the wide-ranging opportunities offered by Saudi Vision 2030.

The Cabinet was briefed on discussions held in recent days between the Kingdom and several countries, including the two messages received by the Custodian of the Two Holy Mosques and the Crown Prince from President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan and British Prime Minister Andy Burnham.

The Cabinet also hailed the outcomes of the third Strategic Dialogue between the Saudi and Japanese foreign ministers, which underscored the importance of further strengthening longstanding bilateral relations, expanding cooperation into broader horizons by capitalizing on economic opportunities in both countries, particularly in investment, energy, resources, supply chains, and technology, and enhancing the exchange of expertise and capabilities to advance shared priorities and objectives.


Saudi Arabia Welcomes US Decision to Remove Syria from Terror List

The Saudi Ministry of Foreign Affairs logo
The Saudi Ministry of Foreign Affairs logo
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Saudi Arabia Welcomes US Decision to Remove Syria from Terror List

The Saudi Ministry of Foreign Affairs logo
The Saudi Ministry of Foreign Affairs logo

The Saudi Ministry of Foreign Affairs welcomed on Tuesday Washington’s decision to remove Syria from the list of State Sponsors of Terrorism.

The Kingdom extended its sincere congratulations to the Syrian government and people, wishing Syria further security, stability, and prosperity, and continued progress in its reconstruction and development efforts in a manner that fulfills the aspirations of its people.

The Kingdom reiterated its support for the positive steps taken by the Syrian government to reinforce Syria’s security and stability, contribute to building state institutions, and fulfill the aspirations of the Syrian people for a more stable and prosperous future.