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Saudi FM Holds Talks with High-level Officials on Sidelines of Ukraine Peace Summit

Part of the Saudi FM meetings with officials on the sidelines of the peace summit in Ukraine - SPA
Part of the Saudi FM meetings with officials on the sidelines of the peace summit in Ukraine - SPA
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Saudi FM Holds Talks with High-level Officials on Sidelines of Ukraine Peace Summit

Part of the Saudi FM meetings with officials on the sidelines of the peace summit in Ukraine - SPA
Part of the Saudi FM meetings with officials on the sidelines of the peace summit in Ukraine - SPA

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met on Saturday with a number of world leaders and officials on the sidelines of the peace summit on Ukraine in Lucerne, Switzerland, including President of the European Council Charles Michel.
The meeting reviewed the historic Saudi-EU relations and discussed ways to enhance them in various fields, as well as the latest regional and international developments of mutual concern.

He also met with Norway’s Prime Minister Jonas Gahr Støre and discussed means of developing relations between Saudi Arabia and Norway, as well as regional and international developments and efforts to address them.

Prince Faisal also held talks with Ukrainian Foreign Minister Dmytro Kuleba and discussed the latest developments in the Ukrainian-Russian crisis, as well as opportunities to enhance bilateral cooperation between Saudi Arabia and Ukraine and ways to support and develop these relations in various fields.

The Saudi FM also reviewed with Iraq's Deputy Prime Minister and Minister of Foreign Affairs Dr. Fuad Hussein the fraternal relations between the two Iraq and the Kingdom and ways to strengthen and develop them.

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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
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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.