Canada Seeks Comprehensive Strategic Partnership with Saudi Arabia

Jean-Philippe Linteau, Canada’s Ambassador to Saudi Arabia, Oman, Bahrain and Yemen (Asharq Al-Awsat)
Jean-Philippe Linteau, Canada’s Ambassador to Saudi Arabia, Oman, Bahrain and Yemen (Asharq Al-Awsat)
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Canada Seeks Comprehensive Strategic Partnership with Saudi Arabia

Jean-Philippe Linteau, Canada’s Ambassador to Saudi Arabia, Oman, Bahrain and Yemen (Asharq Al-Awsat)
Jean-Philippe Linteau, Canada’s Ambassador to Saudi Arabia, Oman, Bahrain and Yemen (Asharq Al-Awsat)

Jean-Philippe Linteau, Canada’s ambassador to Saudi Arabia, Oman, Bahrain and Yemen, stressed that his country looks forward to strengthening a comprehensive partnership with Saudi Arabia, with the aim to promote regional peace and security, and economic cooperation.

In an interview with Asharq Al-Awsat, Linteau said that he was pleased with the development of the Saudi-Canadian relations, noting that since 2023, the two countries have officially restored full diplomatic ties.

In this context, he pointed that many Canadian companies were looking to open offices in Riyadh to take advantage of the huge trade opportunities in the Kingdom.

The Canadian diplomat added that Prime Minister Justin Trudeau and Crown Prince Mohammed bin Salman have spoken on several occasions, while high-level visits have taken place in both directions, with the goal to push the bilateral relations forward.

He stressed that Saudi Arabia was also playing a constructive diplomatic role on global peace and security, by repeatedly calling on various sides to hold talks on a peace formula to end the war in Ukraine.

“We will continue to work together towards a safer and more prosperous world,” he told Asharq Al-Awsat.

Linteau went on to say that he was looking forward to expanding bridges between Canada and Saudi Arabia across a range of shared priorities, from enhancing economic prosperity and contributing to vibrant societies, to promoting regional peace and security.

He continued that a safe and stable region will enhance the success of Saudi Vision 2030.

According to the Canadian ambassador, as the region is going through a dangerous phase, the Kingdom’s leadership has worked to encourage stopping the escalation and seeking to resolve conflicts, whether in Sudan, Yemen, or more recently in Gaza, where he stressed that Canada shares the Kingdom’s commitment to a two-state solution to the Israeli-Palestinian conflict.

Describing Saudi Arabia as a “wonderful country”, Linteau said he expected Canadian companies to increase their investments in Saudi Vision 2030 programs, which feature a successful diversification of the Saudi economy and broad opportunities for bilateral cooperation in traditional, new and innovative sectors, such as culture, tourism and clean technology.

Saudi Arabia is a dynamic country that is still undergoing tremendous changes, the diplomat emphasized, noting that many of the reforms underway in the Kingdom are those adopted by Canada, such as empowering women and youth, enhancing economic prosperity, and modernizing governance.



Saudi Arabia Concludes Third IMFC Deputies Meeting

The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA
The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA
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Saudi Arabia Concludes Third IMFC Deputies Meeting

The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA
The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA

The Kingdom of Saudi Arabia concluded the third deputies meeting for the International Monetary Fund's (IMF) International Monetary and Financial Committee (IMFC), which was held under the Saudi chairmanship in Diriyah on April 6-7, and co-organized by the Ministry of Finance and the IMF.
During his opening speech, Minister of Finance Mohammed Aljadaan praised the efforts of the IMF's leadership and the members of the IMFC in guiding the IMF during challenging times. He also emphasized the importance of collaboration to ensure global financial stability and strong, inclusive economic growth. "The IMF has shown resilience by adapting to the ever-changing global landscape," Minister Aljadaan said.
In her opening speech, Managing Director of the International Monetary Fund Dr. Kristalina Georgieva expressed her gratitude for Saudi Arabia's ongoing and robust support for the IMF and the strong leadership of the IMFC, SPA reported.
"Amid significant global policy changes, the IMF's mission to foster macroeconomic and financial stability remains just as essential as it was 80 years ago. Our 191 member countries can rely on the IMF as a trusted advisor," she said.
The IMFC deputies discussed several topics during the high-level discussion sessions, including ways to enhance global financial stability and inclusive development. They addressed the challenges facing the global economy due to uncertainty in trade flows and its impact on capital in both advanced and developing economies. Emphasis was placed on the effect of high debt levels on investments in infrastructure and jobs and the opportunities and risks arising from technological and demographic shifts.
Additionally, they discussed the IMF's role in supporting countries through financial stability programs and coordinating regional financial arrangements.