Saudi, Thai Officials Discuss Free Trade Agreement between GCC, Thailand

Saudi Minister of Commerce, Majid al-Qasabi with Deputy Prime Minister and Minister of Commerce of Thailand Jurin Laksanawisit (SPA)
Saudi Minister of Commerce, Majid al-Qasabi with Deputy Prime Minister and Minister of Commerce of Thailand Jurin Laksanawisit (SPA)
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Saudi, Thai Officials Discuss Free Trade Agreement between GCC, Thailand

Saudi Minister of Commerce, Majid al-Qasabi with Deputy Prime Minister and Minister of Commerce of Thailand Jurin Laksanawisit (SPA)
Saudi Minister of Commerce, Majid al-Qasabi with Deputy Prime Minister and Minister of Commerce of Thailand Jurin Laksanawisit (SPA)

The Saudi Minister of Commerce, Majid al-Qasabi, discussed on Sunday in Riyadh with Deputy Prime Minister and Minister of Commerce of Thailand Jurin Laksanawisit the ways to strengthen fraternal ties between the two countries at the governmental and private levels.

The two officials discussed the possibility of signing a free trade agreement between the Gulf Cooperation Council (GCC) countries and Thailand.

Interlocutors addressed the ways of boosting cooperation in commercial and investment fields, including agriculture, industry, tourism, food industries, and entrepreneurship for small and medium enterprises.

The meeting was attended by Minister of Tourism Ahmed Bin Aqeel al-Khateeb, Minister of Investment Khalid al-Falih, Minister of Human Resources and Social Development Ahmed al-Rajhi, and Minister of Industry and Mineral Resources Bandar al-Khorayef.

The meeting was also attended by Governor of the Saudi Standards, Metrology and Quality Organization (SASO) Saad al-Qasabi, CEO of the Saudi Food and Drug Authority (SFDA) Hisham al-Jadhey, and Chairman of the Federation of Saudi Chambers Ajlan al-Ajlan.

More than 200 representatives of Saudi and Thai companies participated in the Saudi-Thai Business Forum held Monday at the Federation of Saudi Chambers headquarters in Riyadh.

The forum aims to encourage commercial partnership between the two countries' business sectors, sign bilateral partnership agreements, and discuss prospects for cooperation in various economic sectors.



Élysée Sources: Macron’s Upcoming Saudi Visit Seen as Exceptional

President Emmanuel Macron and his wife, Brigitte, during their visit to Notre-Dame Cathedral to inspect restoration work following the fire that struck in spring 2019 (AFP)
President Emmanuel Macron and his wife, Brigitte, during their visit to Notre-Dame Cathedral to inspect restoration work following the fire that struck in spring 2019 (AFP)
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Élysée Sources: Macron’s Upcoming Saudi Visit Seen as Exceptional

President Emmanuel Macron and his wife, Brigitte, during their visit to Notre-Dame Cathedral to inspect restoration work following the fire that struck in spring 2019 (AFP)
President Emmanuel Macron and his wife, Brigitte, during their visit to Notre-Dame Cathedral to inspect restoration work following the fire that struck in spring 2019 (AFP)

French President Emmanuel Macron will travel to Saudi Arabia on December 2 at the invitation of Crown Prince Mohammed bin Salman, the Élysée Palace announced.

Élysée sources described the visit as an “exceptional state visit,” at the highest diplomatic level, reflecting strong ties and a close personal relationship between Macron and the Crown Prince.

Paris views the visit as a “crucial moment” in the evolving ties between France and Saudi Arabia. Both nations aim to elevate their relationship to the level of a “strategic partnership,” which will be formally announced during the visit.

Macron’s upcoming visit to Saudi Arabia is seen by Paris as a pivotal moment in advancing bilateral ties.

Both nations plan to elevate their relationship to a formal “strategic partnership” during the visit, reflecting shared ambitions for the next decade, underpinned by a joint action plan, according to the Élysée Palace.

Supporting Saudi Transformation

The visit comes as Saudi Arabia undergoes significant economic transformation under Crown Prince Mohammed bin Salman’s Vision 2030.

It highlights France’s support for Saudi Vision 2030, including major projects like NEOM, AlUla development, and efforts in renewable energy and cultural initiatives. Paris views this as an opportunity to expand economic and cultural cooperation.

Tackling Regional Crises

Macron and the Crown Prince will address major challenges, including the Gaza conflict, Lebanon’s political stalemate, the Yemen war, and Iran’s nuclear activities.

France aims to work with Saudi Arabia on ceasefires, peace efforts, and humanitarian initiatives, particularly in Gaza and Lebanon.

In Gaza, France seeks Saudi collaboration to push for an immediate ceasefire, the release of hostages, and humanitarian protections.

Paris also emphasizes the importance of Saudi contributions through the Arab League and the Organization of Islamic Cooperation to advance a two-state solution for Palestine.

In Lebanon, discussions will focus on consolidating the ceasefire, supporting presidential elections to fill the leadership vacuum, and driving reforms.

France also highlights the importance of rebuilding efforts, estimated at $15 billion, and appreciates Saudi contributions to recent international aid conferences.

The Élysée sees Saudi Arabia’s modernization and social reforms as positioning the Kingdom as a central player in a more interconnected Middle East.

France supports Saudi bids for major global events, such as hosting Expo 2030 and the Winter Olympics, viewing these as opportunities for deeper cooperation.

Macron’s engagement with Iran will also be discussed, as France seeks to balance dialogue with Tehran while urging it to cease actions that destabilize the region.

The French President’s schedule includes high-level meetings, a visit to Riyadh Metro, the Saudi-French Economic Forum, and cultural stops in Diriyah and AlUla.

The trip underscores France’s commitment to supporting Saudi Arabia’s transformation and promoting stability in the region.