Saudi FM Reiterates OPEC+ Decision is Not Political

Saudi Foreign Minister Prince Faisal bin Farhan (EPA)
Saudi Foreign Minister Prince Faisal bin Farhan (EPA)
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Saudi FM Reiterates OPEC+ Decision is Not Political

Saudi Foreign Minister Prince Faisal bin Farhan (EPA)
Saudi Foreign Minister Prince Faisal bin Farhan (EPA)

Saudi Foreign Minister Prince Faisal bin Farhan has said that the OPEC+ decision to cut production is purely economic and was taken unanimously by the member states.

The Foreign Minister said "OPEC+ members acted responsibly and took the appropriate decision," stressing that it is not a political move.

During an interview with Al Arabiya channel, the minister indicated that OPEC+ seeks to stabilize the market and achieve the interests of producers and consumers.

He described Saudi ties with the US as "strategic" and supported the security and stability of the region.

The military cooperation between Riyadh and Washington serves the interests of both countries and has contributed to the stability of the region, said the FM, adding: "our relationship with the United States has been institutionalized since it was established."

On the Russian-Ukrainian war, he indicated that Saudi Arabia aims to push parties to engage in dialogue and stop the conflict.

Prince Faisal addressed the Yemeni crisis, saying there are still efforts to extend the truce in Yemen, and the government has shown great flexibility with a high responsibility towards the country's interests.

Asked about the relationship with China, he pointed out that ties with China are "economic at the first level, and we have many joint economic projects."



GCC Secretary-General Meets with Chinese Ambassador to Saudi Arabia

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi - File Photo
Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi - File Photo
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GCC Secretary-General Meets with Chinese Ambassador to Saudi Arabia

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi - File Photo
Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi - File Photo

Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi met on Tuesday with Chinese Ambassador to the Kingdom of Saudi Arabia Chang Hua.
During the meeting, they discussed several topics related to enhancing relations between the two sides, including the latest developments in the negotiations for a free trade agreement between the GCC and China, SPA reported.
They also reviewed progress on the joint action plan between the GCC and China for the 2023–2027 period, as well as exchanged views on the latest regional and international developments.