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Moscow: Economic Cooperation With Arab World Is Our Foreign Policy Top Priority

Logo of Arabia Expo 2019
Logo of Arabia Expo 2019
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Moscow: Economic Cooperation With Arab World Is Our Foreign Policy Top Priority

Logo of Arabia Expo 2019
Logo of Arabia Expo 2019

Russian Foreign Minister Sergei Lavrov said that economic cooperation with the Arab world was a top priority of Russian foreign policy, pointing to the implementation of around 400 investment projects worth more than $40 billion by Arab and Russian companies.

Lavrov said at the opening ceremony of the Arabia Expo 2019 in Moscow on Monday that the volume of trade between Russia and Arab countries grew by 8 percent in 2018, reaching $22 billion.

Stressing the need to further promote bilateral cooperation, he pointed to large joint projects between Russia and the Arab region, including the Egyptian nuclear power station.

Arabia Expo 2019 kicked off on Monday, with the participation of around 700 companies from 20 countries of the Arab world and the Middle East, officials from the Russian and Arab governments. The Russian-Arab Business Council was also launched in conjunction with the event.

At the opening ceremony, Lavrov delivered a speech by Russian President Vladimir Putin.

“I am sure that the Expo and discussions in the Russian-Arab Business Council will contribute to the expansion of useful contacts between business circles, businessmen, organizations and small and medium enterprises to reach new trade agreements and contracts of mutual benefit to the parties,” he said.

The Russian president also praised the role of the Arab-Russian Business Council in promoting bilateral relations and seeking to increase the volume of trade exchange and to implement many economic projects, especially in the fields of energy and transportation.

The exhibition presents an arena for strengthening trade and economic relations between Russian and Arab partners. Besides the wide Arab presence, the exhibition was attended by 85 regions of the Russian Federation, all of which are looking to expand trade cooperation with partners in the Arab world.

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World

France's Macron: Unity between Europe and US on Ukraine is ‘Essential'

French President Emmanuel Macron. (AFP file)
French President Emmanuel Macron. (AFP file)
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France's Macron: Unity between Europe and US on Ukraine is ‘Essential'

French President Emmanuel Macron. (AFP file)
French President Emmanuel Macron. (AFP file)

French President Emmanuel Macron said on Friday that unity between Europe and the United States was key in the support of Ukraine, adding there is "no mistrust" and denying a report he had said there was a risk Washington could betray Ukraine.

"Unity between Americans and Europeans on the Ukrainian issue is essential. And I say it again and again, we need to work together," Macron told reporters during a visit to China.

"We welcome and support the peace efforts being made by the United States of America. The United States of America needs Europeans to lead these peace efforts," he added.

German magazine Spiegel on Thursday cited a transcript of a confidential call showing the French President and German Chancellor have voiced severe skepticism about efforts by the US government and its envoys to negotiate a peace between Ukraine and Russia.

"I deny everything," Macron said, when asked about the Spiegel report. "We need the United States for peace. The United States need us for this peace to be lasting and robust."

"So there's no scenario where a lasting peace in Ukraine is done without joint efforts between the Europeans, the Americans, the Canadians, the Australians and the Japanese," he said.

World

Greek Parliament Approves Purchase of Rocket Systems from Israel

A PULS multiple rocket launcher miniature and artillery rockets by Israeli Elbit Systems is exhibited at the DEFEA Defense Exhibition, in Athens, Greece, May 8, 2025. REUTERS/Louiza Vradi Purchase Licensing Rights
A PULS multiple rocket launcher miniature and artillery rockets by Israeli Elbit Systems is exhibited at the DEFEA Defense Exhibition, in Athens, Greece, May 8, 2025. REUTERS/Louiza Vradi Purchase Licensing Rights
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Greek Parliament Approves Purchase of Rocket Systems from Israel

A PULS multiple rocket launcher miniature and artillery rockets by Israeli Elbit Systems is exhibited at the DEFEA Defense Exhibition, in Athens, Greece, May 8, 2025. REUTERS/Louiza Vradi Purchase Licensing Rights
A PULS multiple rocket launcher miniature and artillery rockets by Israeli Elbit Systems is exhibited at the DEFEA Defense Exhibition, in Athens, Greece, May 8, 2025. REUTERS/Louiza Vradi Purchase Licensing Rights

Greek lawmakers approved late on Thursday the purchase of 36 PULS rocket artillery systems from Israel for about 650 million euros ($757.84 million), two officials with knowledge of the issue told Reuters.

Greece has said it will spend about 28 billion euros ($32.66 billion) by 2036 to modernize its armed forces as it emerges from a 2009-2018 debt crisis and tries to keep pace with its historic rival Türkiye.

"In a closed session, the parliament's defense committee approved the purchase of PULS," a senior official with knowledge of the issue told Reuters. A second official confirmed the parliament's approval, adding that the cost would be around 650 to 700 million euros. Reuters reported in November that Greece was in talks with Israel for the systems.

Greece and Israel have strong economic and diplomatic ties, have conducted several joint exercises in recent years, and operate an air training center in southern Greece.

Greece is also in talks with Israel to develop a 3 billion euro anti-aircraft and missile defense dome.

The PULS system, made by Israel's Elbit, has a range of up to 300 km (190 miles) and will help protect Greece's northeastern border with Türkiye and Greek islands in the Aegean, officials have said. The deal also includes the construction of components in Greece.

Greece and Türkiye, NATO allies, have long been at odds over issues including where their continental shelves start and end, energy resources, flights over the Aegean, and the ethnically partitioned island of Cyprus.

World

Flooding Kills Two as Vietnam Hit by Dozens of Landslides

Deadly flooding inundated thousands of homes in Vietnam's Lam Dong province in what authorities say is a record-breaking year of natural disasters. Quoc Nguyen / AFP
Deadly flooding inundated thousands of homes in Vietnam's Lam Dong province in what authorities say is a record-breaking year of natural disasters. Quoc Nguyen / AFP
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Flooding Kills Two as Vietnam Hit by Dozens of Landslides

Deadly flooding inundated thousands of homes in Vietnam's Lam Dong province in what authorities say is a record-breaking year of natural disasters. Quoc Nguyen / AFP
Deadly flooding inundated thousands of homes in Vietnam's Lam Dong province in what authorities say is a record-breaking year of natural disasters. Quoc Nguyen / AFP

Heavy rain in Vietnam triggered flooding that killed at least two people and caused more than a dozen landslides, state media said Friday, adding to what authorities called the "most unusual" year of natural disasters in the country's history.

South-central Vietnam has been lashed by weeks of heavy rain, submerging hundreds of thousands of homes in coastal tourism hotspots and causing deadly landslides in mountainous regions.

Downpours inundated thousands more homes in Lam Dong province on Thursday and killed at least two people, the Voice of Vietnam news outlet reported.

It added that 16 landslides struck the province, damaging roads and bridges and forcing the evacuation of hundreds of homes.

Floodwaters up to two meters deep were still sloshing through Ham Thang commune in Lam Dong on Friday, resident Pham Thi Ngoc Yen told AFP, adding authorities were delivering food and water by boat.

"Our province has always been very safe from floods or typhoons. This year was so weird," she said.

"I hope that the water will recede a lot in the next two days so that our life can get back to normal."

Record year

"2025 has been the year with the most unusual natural disasters in history," Hoang Duc Cuong, deputy director of the environment ministry's meteorology and hydrology department, said in a statement Friday.

A total of 21 storms, including 15 typhoons and 6 tropical depressions, have affected Vietnam this year, the highest number since records began in 1961, according to the environment ministry's statement.

Vietnam is in one of the most active tropical cyclone regions on Earth, but in a typical year it is affected by around 10 typhoons or storms.

The country has also experienced extreme rainfall and widespread flooding this year, with rivers setting new high-water marks from the northern regions through central and down to the lower Mekong Delta.

"Never before have such exceptionally large and historical floods occurred simultaneously in one year on 20 rivers," the environment ministry said.

One area of central Vietnam recorded up to 1,739 millimeters (5.7 feet) of rain in just 24 hours.

Elsewhere in Asia, devastating floods in recent days have killed more than 1,500 people and displaced hundreds of thousands across four countries, including Indonesia and Sri Lanka.

In Vietnam, natural disasters have left more than 400 people dead or missing this year and caused more than $3.6 billion in damage, according to the ministry.

The Southeast Asian nation is prone to heavy rain between June and September, but scientists have identified a pattern of human-driven climate change making extreme weather more frequent and destructive.