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Saudi Arabia: 3 Summits to Promote Partnerships With Switzerland, Brazil, India

A Saudi man walks past the sign of the Future Investment Initiative during the last day of the investment conference in Riyadh, Saudi Arabia October 25, 2018. REUTERS/Faisal Al Nasser
A Saudi man walks past the sign of the Future Investment Initiative during the last day of the investment conference in Riyadh, Saudi Arabia October 25, 2018. REUTERS/Faisal Al Nasser
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Saudi Arabia: 3 Summits to Promote Partnerships With Switzerland, Brazil, India

A Saudi man walks past the sign of the Future Investment Initiative during the last day of the investment conference in Riyadh, Saudi Arabia October 25, 2018. REUTERS/Faisal Al Nasser
A Saudi man walks past the sign of the Future Investment Initiative during the last day of the investment conference in Riyadh, Saudi Arabia October 25, 2018. REUTERS/Faisal Al Nasser

The Saudi capital will witness three bilateral summits this week to promote partnerships with each of Switzerland, Brazil, and India.

Swiss President Ueli Maurer visited Riyadh to participate in a Saudi-Swiss summit on Monday aimed at strengthening cooperation between the two countries and holding dialogue that promote the merging of positions on bilateral and international issues.

Discussions will also touch on financial issues, as Switzerland has been a regular guest in the meetings of the Finance Track of the Group of 20, which Saudi Arabia will host next year.

Saudi Arabia is an important market for Swiss financial services providers outside Europe.

Swiss financial institutions have a strong presence in Saudi markets. The Kingdom is one of Switzerland’s most important trading partners in the Middle East. In 2017, Swiss exports to Saudi Arabia amounted to CHF 8.1 billion, and imports from Saudi Arabia amounted to CHF 558 million.

Riyadh will also host a Saudi-Indian summit on Tuesday. Prime Minister Narendra Modi will visit the Kingdom to strengthen ties of friendship and promote strategic partnership.

Another high-level meeting will take place in Riyadh on Tuesday. A Saudi-Brazilian summit will define the new features of strategic relations linking the Kingdom with Latin America.

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Saudi-Turkish Talks Focus on Strengthening Bilateral Cooperation

The Saudi deputy foreign minister and his Turkish counterpart meeting in Ankara on Wednesday (SPA)
The Saudi deputy foreign minister and his Turkish counterpart meeting in Ankara on Wednesday (SPA)
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Saudi-Turkish Talks Focus on Strengthening Bilateral Cooperation

The Saudi deputy foreign minister and his Turkish counterpart meeting in Ankara on Wednesday (SPA)
The Saudi deputy foreign minister and his Turkish counterpart meeting in Ankara on Wednesday (SPA)

Saudi Deputy Foreign Minister Waleed Al-Khuraiji visited Ankara on Wednesday and met with Turkish Vice President Cevdet Yilmaz, Foreign Minister Hakan Fidan, and his counterparts Burhanettin Duran and Nuh Yilmaz.

Al-Khuraiji addressed relations between Saudi Arabia and Türkiye during his meetings, attended by the Saudi Ambassador to Türkiye, Fahd bin Asaad Abu Al-Nasr.

The Saudi deputy minister also held political consultations between the Saudi and Turkish foreign ministries in Ankara with Yilmaz.

During the meetings, Saudi Arabia and Türkiye discussed strengthening their bilateral relations and advancing cooperation. The officials also addressed issues of mutual interest and the latest regional developments.

In mid-July, Saudi Arabia and Türkiye reaffirmed their commitment to bolstering ties across various sectors, including the activation of a joint coordination council.

The announcement followed a meeting in Istanbul between Saudi Foreign Minister Prince Faisal bin Farhan and Turkish President Recep Tayyip Erdogan.

On his part, Fidan participated in an expanded international meeting on Syria hosted by Saudi Arabia on Sunday.

The gathering, chaired by Prince Faisal bin Farhan, underscored Riyadh’s pivotal role in the region and its steadfast support for ensuring Syria’s security, stability, and territorial integrity, free from foreign interference.