Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met on Wednesday with Singapore’s Minister of Foreign Affairs Dr. Vivian Balakrishnan.
The two officials reviewed bilateral relations and discussed ways to enhance them in various fields to achieve the aspirations of the two leaderships and their peoples.
Following the meeting, the two ministers signed a memorandum of understanding to establish a Strategic Partnership Council between the two countries. This reflects the commitment of both the Kingdom and Singapore to advance their relations across multiple domains, and aims to increase the volume of trade exchange, which reached $1 billion in 2024, thereby opening new horizons for cooperation between the two nations.
The meeting concluded with a press briefing delivered by Prince Faisal, during which he highlighted that the establishment of the Strategic Partnership Council represents a valuable opportunity to enhance cooperation and partnership across various sectors, particularly within the framework of initiatives linked to Saudi Arabia’s Vision 2030.
Prince Faisal also emphasized that Singapore is one of the world’s most important financial hubs and that the Kingdom looks forward to continuing its collaboration with Singapore to achieve broader economic benefits.
