عربي English Türkçe اردو فارسى
Logo
Latest News
Gulf

Saudi, Kuwaiti FMs Chair 2nd Meeting of the Saudi-Kuwaiti Coordination Council

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah at the second meeting of the Saudi-Kuwaiti Coordination Council in Kuwait. (SPA)
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah at the second meeting of the Saudi-Kuwaiti Coordination Council in Kuwait. (SPA)
TT
TT

Saudi, Kuwaiti FMs Chair 2nd Meeting of the Saudi-Kuwaiti Coordination Council

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah at the second meeting of the Saudi-Kuwaiti Coordination Council in Kuwait. (SPA)
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah at the second meeting of the Saudi-Kuwaiti Coordination Council in Kuwait. (SPA)

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah and his Kuwaiti counterpart Abdullah Ali Al-Yahya co-chaired on Monday the second meeting of the Saudi-Kuwaiti Coordination Council in Kuwait.

Prince Faisal stressed that the council reflects the interest paid by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Kuwaiti Emir Sheikh Meshal al-Ahmad al-Jaber Al-Sabah in pushing relations to wider horizons to achieve the aspirations of their countries.

He emphasized the importance of the council and its committees as an effective platform and institutional tool that frames the work of the two countries.

A joint cooperation program was signed between the Prince Saud Al-Faisal Institute for Diplomatic Studies and the Sheikh Soud Nasser Al-Sabah Kuwait Diplomatic Institute.

Additionally, two memorandums of understanding between the two governments were signed: the first on the mutual recognition of seafarers' certificates and the second in the field of technical cooperation for the protection and preservation of the environment.

Most Viewed

 
 
Gulf

Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
TT
TT

Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi affirmed the solidity and strength of the GCC economy and its ability to face economic challenges, the Saudi Press Agency said on Saturday.
Albudaiwi’s statement came in his recorded speech at the roundtable meeting between the GCC and American companies, which was held under the patronage of the US Chamber of Commerce on Thursday, June 27, 2024, in the US capital, Washington.
The steps taken by the GCC countries to strengthen trade and investment ties with the US focused greatly on the mutual benefits of this economic partnership, said Albudaiwi.
He also stressed that the six GCC countries enjoy long-term and strong trade and investment relations with the US, and these relations are witnessing clear and significant progress, explaining that these partnerships play a pivotal role in enhancing economic growth, innovation and development across various sectors.
During his speech, he projected some statistics that confirm the progress of cooperation between the two sides, such as achieving bilateral trade between the GCC countries and the US in 2023 of around $180 billion.
GCC countries have also achieved great success in the energy sectors, ranking first globally in crude oil production and reserves and second in natural gas reserves, he noted.
Touching on future strategic GCC projects, such as the GCC railway project, he said it will enhance connectivity between Middle Eastern countries and provide great cooperation opportunities with American partners. He added that the Council countries are working at an accelerated pace to develop digital infrastructure and transition to a technology-based diversified economy.
Albudaiwi concluded by expressing the commitment of the GCC countries to enhancing stability and development in the region, pointing to the ongoing GCC's efforts to resolve regional conflicts and maintain peace and security to achieve more growth and prosperity. He underscored the determination of the GCC countries to deepen cooperation with the US, and ensure sustainable economic growth for future generations on both sides.