Saudi Vice Minister of Foreign Affairs Waleed Elkhereiji has stressed the importance of continuing dialogue among all concerned parties, including BRICS countries, to enhance regional stability and security.
On behalf of Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah, Elkhereiji took part on Thursday in the BRICS Foreign Ministers’ Meeting in New Delhi under the theme “Building for Resilience, Innovation, Cooperation and Sustainability.”
The Kingdom participated in its capacity as a BRICS member country.
In his speech, Elkhereiji said the world is witnessing rapid technological and economic transformations, stressing the importance of enabling countries to keep pace with accelerating digital transformation, particularly in light of the growing opportunities and future implications associated with artificial intelligence.
He said ensuring fair access to technology and digital capabilities will remain an essential element in achieving sustainable and balanced development for all.
“The Kingdom affirms that stability in the Arabian Gulf and the Red Sea is not merely a regional matter, but a fundamental pillar for the resilience and stability of the global economy, particularly during periods of uncertainty and crises. Preserving this stability is a shared responsibility and a collective interest of the entire international community,” he said.
Elkhereiji stressed that the Kingdom expresses deep concern over the current situation and recent attacks targeting Gulf countries and Jordan. He said the Kingdom also stresses the importance of de-escalation, restraint, and adherence to international law, while emphasizing the need to avoid further steps that could exacerbate tensions in the region.
He reaffirmed the Kingdom’s emphasis on the importance of continuing dialogue among all concerned parties, including BRICS countries, in support of efforts exerted to enhance regional stability and security.
Elkhereiji said the region remains a vital hub in global trade networks, with a large share of global energy supplies and commercial goods moving between Asia and Europe through maritime corridors in the Arabian Gulf and the Red Sea.
He stressed that any disruption affecting the security or stability of the region would have immediate and wide-ranging repercussions for global energy markets, inflation rates, sustainable development efforts, and global economic growth in general.