Saudi Arabia Highlights Importance of Global Cooperation to Support World Economy

Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim addresses the G20 Development Ministers Meeting. SPA
Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim addresses the G20 Development Ministers Meeting. SPA
TT
20

Saudi Arabia Highlights Importance of Global Cooperation to Support World Economy

Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim addresses the G20 Development Ministers Meeting. SPA
Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim addresses the G20 Development Ministers Meeting. SPA

Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim has underlined the Kingdom’s steadfast commitment to renewing global cooperation and achieving the 17 UN Sustainable Development Goals (SDGs), the Saudi Press Agency reported.

Al-Ibrahim said the G20 Development Ministers’ Meeting was an opportunity to work more closely and put forward concrete actions to support developing countries and foster inclusive, resilient, socially, economically, and environmentally sustainable recovery efforts and, as the world’s fastest-growing economy, the Kingdom is proud to renew and reaffirm its commitment towards achieving these goals.

“International cooperation is a key priority for the Kingdom, and we remain more committed than ever to work closely with our international partners to achieve the 2030 Agenda and the SDGs,” SPA quoted him as saying.

“To do this, we must restore faith in the multilateral framework. We are fully aligned with the G20 Ministerial vision statement’s claim that multilateralism is not an option but a necessity if we want to create a more equitable, resilient, and sustainable world.”

Saudi Arabia has already taken steps to accelerate its path toward achieving the UN 2030 Agenda and the SDGs.

Rapid and decisive measures taken by the Kingdom’s government have enabled the country to limit the impact of COVID-19 on the economy which set the foundation for today’s robust growth.

In June, the Ministry of Economy and Planning and the United Nations resident Coordinator’s Office in Riyadh signed the United Nations Sustainable Development Cooperation Framework.



US State Department to Asharq Al-Awsat: Trump Visit Stresses Saudi Arabia’s Pivotal Role in Resolving Regional Crises

Regional spokesman for the US Department of State Samuel Warburg speaks to Asharq Al-Awsat. (Turki al-Aqaili)
Regional spokesman for the US Department of State Samuel Warburg speaks to Asharq Al-Awsat. (Turki al-Aqaili)
TT
20

US State Department to Asharq Al-Awsat: Trump Visit Stresses Saudi Arabia’s Pivotal Role in Resolving Regional Crises

Regional spokesman for the US Department of State Samuel Warburg speaks to Asharq Al-Awsat. (Turki al-Aqaili)
Regional spokesman for the US Department of State Samuel Warburg speaks to Asharq Al-Awsat. (Turki al-Aqaili)

Regional spokesman for the US Department of State Samuel Warburg said that US President Donald Trump’s visit to Saudi Arabia on Tuesday will focus on bolstering peace efforts in the region through cooperation with allies.

Speaking to Asharq Al-Awsat, Warburg stated that the visit reflects, without any room for doubt, the important and strategic role Saudi Arabia plays in the region.

The US sees the Kingdom as a pivotal partner in efforts to boost regional security and stability, he added.

The visit to the Kingdom will not overlook the role Saudi Arabia has played in hosting negotiations related to the war in Ukraine and its role in easing tensions in Sudan and Yemen, he remarked.

The US values the Kingdom’s initiatives in supporting political solutions to conflicts and its ongoing efforts to secure energy markets, he said. It also values its contributions towards achieving regional stability through regional and international diplomacy.

Trump will discuss with Saudi officials strategic files related to regional security, defense cooperation and investments in technology and renewable energy, Warburg told Asharq Al-Awsat.

The visit will bolster cooperation over threats to marine navigation in the Red Sea, as well as developments in Gaza, Lebanon, Yemen, Sudan, Libya and Iraq and confront Iran’s destabilizing behavior in the region, he revealed.

Commitment to partnership

Warburg noted that this was Trump’s first official foreign visit since his reelection as president. Heading to Saudi Arabia on his first visit reflects the United States’ deep commitment to its strategic partnerships in the Middle East.

Moreover, the visit is taking place at a critical time when the region is facing rising security and economic challenges, while the US is seeking to bolster its cooperation with Gulf partners in the defense and energy fields, and in investment, he added.

The visit will also tackle means to expand joint efforts to confront regional threats, such as Iran’s destabilizing behavior, the war in Ukraine and the need to restore peace in Gaza, he remarked.

On the bilateral level, Trump’s visit is an important opportunity to deepen the strategic partnership between the US and Saudi Arabia in the fields of defense, security, investment and energy, he stated.

The US is keen on strengthening this cooperation to confront regional and international challenges and build more diverse and sustainable economic ties that focus on joint interests, he stressed.

Furthermore, Trump’s visit underscores Washington’s firm commitment to strengthening its alliances with main partners in the Middle East, he said.

Strategic consultations

The US is committed to working with regional partners to reach sustainable political and diplomatic solutions to crises and supporting efforts to restore calm in Gaza and reach a permanent ceasefire, as well as confronting threatening activity in the Red Sea, Warburg remarked.

On Iran, he refrained from elaborating on the current negotiations taking place between it and the US.

He stressed, however, that Trump’s policy is clear: The US will not allow Tehran to acquire nuclear weapons. Washington will use all means of political and economic pressure to prevent it from developing nuclear arms.

He also stressed the need to confront Iran’s destabilizing behavior in the region.

Warburg noted Saudi Arabia’s efforts in achieving stability in the region and containing international crises. The US welcomes the Kingdom’s pivotal role in facilitating negotiations that were held between American, Russian and Ukrainian representatives.

The talks, which were held in Riyadh earlier this year, led to tangible progress in several humanitarian files.