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
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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 Approves Possible Sale of Chinook Helicopters, F-16 Sustainment to UAE

(FILES) A view of the Pentagon, the headquarters building for the US Department of Defense, on August 13, 2024, in Washington, DC. Photo by Daniel SLIM / AFP
(FILES) A view of the Pentagon, the headquarters building for the US Department of Defense, on August 13, 2024, in Washington, DC. Photo by Daniel SLIM / AFP
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US Approves Possible Sale of Chinook Helicopters, F-16 Sustainment to UAE

(FILES) A view of the Pentagon, the headquarters building for the US Department of Defense, on August 13, 2024, in Washington, DC. Photo by Daniel SLIM / AFP
(FILES) A view of the Pentagon, the headquarters building for the US Department of Defense, on August 13, 2024, in Washington, DC. Photo by Daniel SLIM / AFP

The US State Department has approved the potential sale of CH-47F Chinook Helicopters and F-16 components and sustainment, along with related equipment, to the United Arab Emirates for a total of $1.457 billion, the Pentagon said on Monday.

The principal contractors for the sale of the helicopters are Boeing Helicopter Aircraft Company and Honeywell Engine Company, the Pentagon said in a statement. No contractors are associated with the F-16 sustainment sale, it said.